What is a research report FINRA?

What is a research report FINRA?

(8) “Research report” means a written or electronic communication which includes an analysis of equity securities of individual companies or industries, and which provides information reasonably sufficient upon which to base an investment decision and includes a recommendation.

Does FINRA investigate insider trading?

FINRA is charged with the responsibility for conducting surveillance for potential insider trading and fraud across the U.S. equity, options, and bond markets and coordinates closely with the SEC and other federal and state regulators.

What are FINRA rules?

FINRA’s rules and guidance strive to protect investors and ensure the integrity of today’s rapidly evolving market. FINRA’s rules and guidance strive to protect investors and ensure the integrity of today’s rapidly evolving market. FINRA is here to help keep investors and their investments safe.

Does equity research need series7?

This means that finance professionals involved in sales and trading and equity research, asset management, investment banking advisory services and even operations are often required to take the Series 7.

Can a research analyst trade?

According to Sebi regulations, independent research analysts, individuals employed as research analyst by a research entity or their associates will not deal or trade in the securities that the analyst recommends or follow 30 days before and five days after the publication of the report.

Is Goldman Sachs a member of FINRA?

Goldman is based in New York, New York and has been a FINRA (f/k/a NASD) member since October 1936.

What is a FINRA chronology request?

The initial letter from FINRA typically asks for a “chronology” of all events leading up to the public announcement of the event in question. After receiving responses to the initial inquiry, FINRA analysts will compare the information contained in the responses with trading and other data collected by the staff.

Who regulates FINRA?

FINRA Regulates Broker-Dealers, Capital Acquisition Brokers, and Funding Portals. A Broker Dealer is in the business of buying or selling securities on behalf of its customers or its own account or both. A Capital Acquisition Broker is a Broker Dealer subject to a narrower rule book.

Is FINRA arbitration fair?

FINRA operates the largest securities dispute resolution forum in the world, and has extensive experience providing a fair, efficient and effective place to handle a securities-related dispute.

Is finra Series 7 Hard?

Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.