Ch 5 Deck 7 Flashcards
(31 cards)
During mediation, a neutral mediator tries to help the parties
come up with a solution that is agreeable to both parties.
Mediation proceedings are
confidential.
Mediation settlement is
non-binding
in Mediation either party can
leave at any time.
If a registered person enters military service, they go on
inactive status
a rep entering military service goes on inactive status upon
notification to FINRA
A rep entering military service may no longer
perform normal duties
A rep entering military service remains
registered for FINRA purposes
A rep entering military service can continue to retain
a share in commissions from former accounts
A rep entering military service’s continuing education requirements are
suspended
When a rep enters military service, the two-year license expiration period period is
tolled (delayed)
A rep entering military service’s 2-year license expiration tolled beginning on the date
the person enters active military service
A rep entering military service’s 2-year license expiration is tolled and ends
90 days after completion of military service
If rep who entered military service can reregister after leaving within
90 days of completing active service
If a rep who entered military service does not reregister within 90 days of leaving active service
his registration is terminated
A research report is a communication to at least
15 clients
a research report analyzes
an individual security
a research report includes enough information to
help investors make investment decisions
Research reports are written by
Research analysts
Research analysts take these exams
Series 86/87
Research reports must disclose market
price of security
Research reports must disclose whether the member firm
is a market maker in the security
Research reports must disclose whether there is a control relationship
between the member and issuer
Control relationship for research reports purposes is
member holts 10% of issuer’s stock
