Series 14: 6.1.8.1. Insider Trading Policies And The “Chinese Wall”

Taken from our Series 14 Online Guide

6.1.8.1. Insider Trading Policies and the “Chinese Wall”

The Insider Trading and Securities Fraud Enforcement Act of 1988 (“ITSFEA”) added Section 15(f) to the Exchange Act. This new section requires broker-dealers to “establish, maintain, and enforce written policies and procedures reasonably designed” to prevent the misuse of material, nonpublic information by the broker-dealer or any associated person. Section 15(f) also gives the SEC broad authority to require the use of particular policies or procedures to prevent insider trading.

Firms with diverse securities-related business are considered fertile breeding grounds for insider trading. In a classic example, if a firm’s investment bankers are working on the sell

+ Read More

More Series 14 Info

What are people saying?

Create an Account

Since you're reading about Series 14: 6.1.8.1. Insider Trading Policies And The “Chinese Wall”, you might also be interested in:

Series 50 - Amortization and Accretion

Series 7 - 12.7.6. Spin-Offs and Split-Offs

Series 7 - 10.1.1 Regulation Best Interest

Series 24 - Unsold Shares of a Public Offering

Series 3 - 1.4.2. Basis and Basis Risk

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would like to say a big thank you to Solomon for helping me pass my Series 14 exam. I took this exam the first time and missed passing by few marks. I was really sad and discouraged so reached out to Jeremy Solomon and he really took the time to talk to me and provide his guidance and advice. He also provided me with additional resources immediately to help with my second attempt. I recently passed this exam. Their study material is easy to understand and the Online Exam Simulator also has a lot of questions chapter-wise which were very helpful. Their customer service has been amazing and very responsive. Thank you Solomon. I will definitely recommend Solomon for anyone planning to take this exam.

Rachna Shah, CBRE. Beverly Hills, CA

I passed the series 22! Solomon's study materials and exams were the key to my preparation. I tried other companies first, and I knew something was off. After taking the FINRA exam, I know I would have failed if not for Solomon. I cannot overstate this. This test was difficult and foreign. Solomon helped me learn everything I needed to pass the series 22. Many thanks!

Jim Scott, AGES . Ocala, FL

I wanted to add my testimonial to the long list of successful test-takers. Passed my Series 65 today on the first try! The materials were well written and made the concepts easier to understand (especially to someone with no background in finance like myself). I was a big fan of the audio format as I have a long drive back and forth to work (other test prep providers did not have this option). The test simulators were also a huge help. Thanks to the folks at Solomon Prep!

Ralph Marshall, High Speed Alliance, Wilmington DE

Questions from the exam simulator were pretty similar to the actual series 52 exam, and I felt prepared with the study guide. I will be purchasing the series 53 study materials from Solomon in the near future.

Del Martin, Packerland Brokerage Services. Green Bay, WI

I just passed the S51 with an 86%. I want to express my sincere thanks to Solomon. I love the way you structure your practice exams. I always enjoy receiving speedy responses from Ask the Professor, especially from Karen. Karen, thank you for all your help, you are the best!!!!!!!

Margaret Chen, PFS Investment, Duluth, GA

I passed the Series 50 on the first attempt thanks to Solomon's materials. Although the questions on the exam were much more difficult and complex in structure and format than the Solomon practice exams, the study materials & practice exams did enforce the concepts that the actual exam was testing. Thank you Solomon!!!

Lisa Gesin, Gesin Consulting, Dallas, TX