Series 14: 7.2.1.2. Broker-Dealers And The FINRA Membership Process

Taken from our Series 14 Online Guide

7.2.1.2. Broker-Dealers and the FINRA Membership Process

For a broker-dealer, becoming a FINRA member is achieved in two steps. First, one must register with the SEC as a broker-dealer. The SEC has 45 days to respond, by either granting the registration or starting a process to determine whether the registration should be denied. In practice, the SEC will grant the registration only after FINRA has approved the application for FINRA membership, which is the second step.

Preparing the FINRA membership application and waiti

Since you're reading about Series 14: 7.2.1.2. Broker-Dealers And The FINRA Membership Process, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 14
Please Enable Javascript
to view this content!