Industry Issues
- Advertising
- Anti-Money Laundering
- Books & Records
- Breakpoints
- Business Continuity Planning
- College Savings Plans
- Consolidated Audit Trail
- Crowdfunding
- Customer Information Protection
- Mergers Acquisitions and Business Transfers
- Mutual Funds
- Research Analyst Rules
- Security Futures
- Senior Investors
- Suitability
- Supervisory Control
- Variable Annuities
Security Futures Training - Module 4: Regulatory Requirements for Security Futures
Registration Requirements
Registration of markets
Registration of intermediaries with the SEC and CFTC
Registration of certain collective investment vehicles or providers of investment advice
Sales Practices
Communications with the public
Customer protection rules
- SIPC
- Segregated funds
Risk disclosure statement
Margin Requirements
Initial margin
Maintenance margin
- Definition of current market value
Risk-based margins
- Strategy offsets
- Portfolio-based margining systems (not allowed)
Cross-margining
Applicability of Regulation T
Collateral
- Type, form and use of collateral
- Acceptable collateral deposits
- Use of money market mutual funds
Computation of equity
Meeting margin calls
Account liquidation
Extension of credit
Other considerations
Suitability
Commissions
Account approval and documentation
Discretionary accounts
Best execution requirement
Reporting customer complaints
Anti-fraud and anti-manipulation requirements
- Section 4(b) of the CEA and 10(b) of the Securities Exchange Act
- Prohibition against trading on inside information
- Prohibition against trading ahead of research reports
- Prohibition against trading ahead of customer orders