FINRA CONTENT OUTLINE FOR SERIES 6 INCLUDES PRIVACY REGULATIONS THAT PROTECT PRIVACY OF CUSTOMERS' FINANCIAL INFORMATION
FINRA publishes a Content Outline for the Series 6 Exam that lists the subject matter for test questions. Included are Privacy Regulations regarding financial information received from customers and clients. See Section 2.2 of FINRA's Content Outline. Thus a representative must not disclose details about a customer's account or financial position or history. This information is confidential and may not be disclosed, absent a court order. Candidates for the Series 6 license must prepare themselves to answer questions about Privacy Regulations, including when a customer may opt out from allowing a brokerage firm to share confidential customer information with related affiliates.
Bob Eder covers Privacy Regulations in detail in his Study for the Series 6 Exam. Here is a sample of Bob Eder's treatment:
"Safeguarding Privacy of Customers (2.2)
"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, conspicuous, not
camouflaged in small type or hard-to-read font. It must be sent to all persons
with whom a financial firm initiates or maintains a customer relationship."
Here is the link to FINRA's Content Outline for the Series 6 Exam. See the references to Privacy Regulations in FINRA's Content Outline, Section 2.2.
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