Series 24 podcast · Episode 09
Financial Responsibility and Funding
49 min of listening
General Broker-Dealer Supervision. Free audio, ready to play in your browser.
Pair listening with reading
Follow along with
the written unit.
Listen at your own pace, then use the matching lesson to revisit the details. The written material includes:
- Net Capital Requirements
- Customer Protection
- Free Credit Balances
- FOCUS Reports
- Notification Provisions
- Regulatory Notification and Business Curtailment
- Margin Requirements
- Daily Record of Required Margin
- Extensions of Time
- Margin Requirements for Credit Default Swaps
- Carrying Agreements
- Permissible Use of Customers' Securities
- Hypothecation
- New-Issue Credit Restrictions and Related Exemptions
- Federal Reserve Regulation T
- Disclosure of Credit Terms
- Reporting Requirements for Clearing Firms
- Short-Interest Reporting
- Fidelity Bonds
- Lost, Stolen, or Counterfeit Securities
- SIPC and the Securities Investor Protection Act
- Sarbanes-Oxley Internal Controls
- Foreign Members and Exempted Securities
- FINRA Clearance and Settlement Rules
Put this episode into practice with adaptive questions and flashcards in the full Series 24 course.