SEC RULE REQUIRES THAT EVERY REPRESENTATIVE MAINTAIN PRIVACY OF FINANCIAL INFORMATION OF CUSTOMERS
The SEC has rules regarding the requirement that registered reps maintain confidentiality about the financial positions of their customers. This is called Regulation S-P. FINRA's Content Outline for the Series 6 includes privacy regulations in Section 2.2. This means that a Series 6 candidate should expect to see questions on privacy requirements on the Series 6 exam. Bob Eder has detailed information about Regulation S-P in his Study for the Series 6 Exam . Here is a sample of Bob Eder's discussion on maintaining privacy of financial information of customers : "Regulation S-P (2.2) The SEC has adopted Regulation S-P to assure that broker/dealers and investment advisory firms, as well as other firms that collect sensitive financial information of customers, comply with the law on safeguarding the privacy of personal non-public financial information. The notice must be easy to understand,