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FINRA Series 26 Questions and Correct
Answers/ Latest Update / Already Graded
FINRA Rule 3010
Ans: Rule that states each member must:
I. Establish written supervisory procedures
II. A registered principal is responsible for revi ewing procedures
III. Each rep is assigned to a principal in charge of supervising
their activities, review of communication, & correspondence bw
reps & the public
FINRA Rule 8000
Ans: Investigations & Sanctions. Must keep and maintain a
current copy of the manual in a readily accessible place and
provide it at a customer's request.
FINRA Rule 9000
Ans: Covers handling of securities violations and complaints.
Think what happens after an investigation (Rule 8000)
District Business Conduct Committee
Ans: Has initial jurisdiction in handling of complaints.
All rights reserved © 2025/ 2026 |
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Penalties the DBCC & Board of Governors can impose
Ans: Censure, fine, suspend, expel, bar
FINRA Rule IM-3110
Ans: Defines complaint, says each OSJ must maintain a record
of complaints and any action taken.
Complaint
Ans: Any written statement of a customer or any person acting
on behalf of the customer alleging a grievance
Code of Procedure
Ans: Deals with rules that cover actions by FINRA against
member firms and their associated people
Code of Arbitration
Ans: requires disputes be submitted for arbitration. Includes
member and customer and/or associated person
All rights reserved © 2025/ 2026 |
FINRA Series 26 Questions and Correct
Answers/ Latest Update / Already Graded
FINRA Rule 3010
Ans: Rule that states each member must:
I. Establish written supervisory procedures
II. A registered principal is responsible for revi ewing procedures
III. Each rep is assigned to a principal in charge of supervising
their activities, review of communication, & correspondence bw
reps & the public
FINRA Rule 8000
Ans: Investigations & Sanctions. Must keep and maintain a
current copy of the manual in a readily accessible place and
provide it at a customer's request.
FINRA Rule 9000
Ans: Covers handling of securities violations and complaints.
Think what happens after an investigation (Rule 8000)
District Business Conduct Committee
Ans: Has initial jurisdiction in handling of complaints.
All rights reserved © 2025/ 2026 |
, Page |2
Penalties the DBCC & Board of Governors can impose
Ans: Censure, fine, suspend, expel, bar
FINRA Rule IM-3110
Ans: Defines complaint, says each OSJ must maintain a record
of complaints and any action taken.
Complaint
Ans: Any written statement of a customer or any person acting
on behalf of the customer alleging a grievance
Code of Procedure
Ans: Deals with rules that cover actions by FINRA against
member firms and their associated people
Code of Arbitration
Ans: requires disputes be submitted for arbitration. Includes
member and customer and/or associated person
All rights reserved © 2025/ 2026 |
