SERIES 6 EXAM ASKS QUESTIONS REGARDING PRIVACY REQUIREMENTS FOR CUSTOMERS' FINANCIAL INFORMATION

 The Series 6 Exam tests candidates on privacy rules that registered reps must observe for maintaining the confidentiality of financial information and financial status of customers. How do we know this? FINRA publishes a Content Outline for the Series 6 Exam, and Section 2.2 of the Content Outline lists the Privacy Requirements and Regulation S-P as important for the Series 6 Exam.

Bob Eder in his Series 6 guide, Study for the Series 6 Exam, discusses privacy requirements in detail. Here is a sample of Bob Eder's discussion:

Regulation S-P

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 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 Confidentiality of Financial Information in FINRA's Content Outline, Section 2.2.

Study for the Series 6 Exam is available from Amazon in both paperback and Kindle e-book versions. Here is the link for Bob Eder's Study for the Series 6 Exam on Amazon.

See Bob Eder's Author Page on Amazon.com.

For questions about Bob Eder's Study for the Series 6 Exam, or questions in general about the Series 6 Exam, such as Confidentiality of Financial Information and Financial Status of Customers, feel free to email Bob Eder at bobeder@bobeder.net.

Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001. 

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