NRS Insights Blog
March 21 2018 - NRS Insights
Cryptocurrency Reporting Requirements: The Skinny on Keeping Your Firm Compliant
In the absence of long-term regulatory solutions to the whirlwind that is digital or cryptocurrency, we have been provided with guidance on how to apply current regulations to this evolving market.The regulators are making it clear that industry professionals will be held accountable for actions that step outside the principles and spirit of current securities rules and regulations.
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March 13 2018 - NRS Insights
FINRA’s New SIE and SKE Exams — The Transition Period
October 1, 2018, marks the day that FINRA will begin to administer the newly revised qualification process where candidates will need to pass a Securities Industry Essentials (SIE) exam before taking a condensed version of the Series 6 or Series 7, known as Top-Off, or Specialized Knowledge Exams (SKE).
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March 5 2018 - NRS Insights
So You Want To Work in the Securities Industry? The odds have been tipped in your favor
Have you dreamed of a lucrative career on Wall Street, but thought that the barriers to entry were too high? As of October 1, 2018, that bar will be lowered a bit. You may have heard that the qualifications process for entering the securities industry is getting a major makeover.
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February 13 2018 - NRS Insights
FINRA Releases Specialized Knowledge Exam Outlines
February 12, 2018 – FINRA released its revised representative level qualification exam outlines, which have been referred to as Specialized Knowledge Exams (SKEs) or Top-Off Exams under FINRA’s new testing procedures.
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February 7 2018 - NRS Insights
New Rules Help Prevent the Financial Exploitation of Senior and Vulnerable Adults
On February 5, 2018, two FINRA rules designed to lessen the financial exploitation of seniors and vulnerable adults (“specified adults”) have taken effect. Specified adults are persons 65 years of age or older or those persons with mental or physical disabilities that impair their abilities to engage in financial transactions.
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January 30 2018 - NRS Insights
What You Should Know Before Opening Your Exam Window This Summer/Fall!
FINRA’s transition from the current licensing exam requirements to the Securities Industry Essentials (SIE) and Specialized Knowledge Exam (SKE) raises many questions for candidates who will be testing this fall.
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January 29 2018 - NRS Insights
SEC Chair vows to increase Investment Adviser Examinations
Despite deregulatory fever reaching high pitch in Washington D.C., broad reliance by investment advisers and broker dealers on such efforts may be misplaced in 2018. On the contrary, many industry experts and followers expect the pace of rulemaking and oversight to pick up this year.
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January 17 2018 - NRS Insights
FINRA releases final SIE exam outline and confirms effective date; specialized exam outlines to be released soon!
FINRA is radically restructuring its representative-level qualification exam program beginning October 1, 2018. Here’s what you can expect:
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November 17 2017 - NRS Insights
Heads Up: Year-End Is The End for FINRA Testing at Pearson VUE
Beginning January 1, 2018, Prometric will be the exclusive test facility for FINRA and FINRA client exams. In other words, December 31, 2017 will be the last day candidates may test at Pearson VUE facilities.
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November 9 2017 - NRS Insights
DOL Sends Final Rule to Extend Applicability Date of the Fiduciary Rule to the OMB
On Wednesday, November 1 the DOL submitted final amendments to the Office of Management and Budget that would extend the Transition Period for the Fiduciary Rule. A copy of the final rule is not available at this time; however, the DOL had proposed in August that the Transition Period be extended from January 1, 2018 to July 1, 2019.
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