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SIE	Series 6	Series 63	Series 26	MLO

CHANGE UNIT

Current Unit:

Unit 8 - Basic Economic Concepts	Unit 9 - Financial Reporting	Unit 10 - Analytical Methods
Unit 11 - Types of Investments	Unit 12 - Equities	Unit 13 - Debt Securities
Unit 14 - Investment Companies	Unit 15 - Insurance Products	Unit 16 - Calls, Puts, Derivatives
Unit 17 - Alt Investments & Assets	Unit 18 - Type of Client	Unit 19 - Client Profile
Unit 20 - Portfolio Management Styles, Strategies, Techniques	Unit 21 - Tax Considerations	Unit 22 - Trading Securities
Unit 23 - Performance Measures	Unit 24 - Retirement Plans

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ROLE OF PERSONS

SEC
- Oversees all of the securities industry including SROs
  - FINRA, CBOE, AND THE MSRB
- SUSPENDING TRADING
  - Suspend national exchange up to 90 days, by notifying the President of the USA.
  - May suspend trading on a non-exempt security for up to 10 days
- The use of credit to purchase new issues is prohibited for the first 30 days
SRO
- Self-regulatory organizations. Non-governmental organizations
Securities Exchange Act of 1934
- Governs the secondary market including broker/dealers, transfer agents, stock exchanges and OTC market
NYSE
- New york stock exchange. Secondary market in the US.
- Secondary market is where outstanding securities trade hands, shareholder to shareholder
Specialist
- Maintain fair and orderly market on the floor of the exchange
- Stands by to buy or sell shares of specific stocks on the exchange
NASDAQ
- Secondary market being an OTC, or a negotiated market.
CBOE
- Chicago Board Options Exchange
- Where listed options trade. Overseen by the SEC
OCC
- Options Clearing Corporation
- Ensures that the obligations of the options contracts it clears are fulfilled.
- Overseen by SEC and CFTC
- Offers clearing and settlement services for transactions in options, securities futures, OTC options, and options on futures

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