Review Topics
Practice Exams
Know how many questions to expect in a section. There are about 500,000 buffalo in North America...and I expect to see each one of them at the next family reunion. (Uncle Abe, I'm looking at you.)

More FINRA Rules: Buying, Selling, Procedure, etc.

Dashboard > Opening and Servicing Customer Accounts > More FINRA Rules: Buying, Selling, Procedure, etc.

More FINRA Rules: Buying, Selling, Procedure, etc.

FINRA Rule, Selling Dividends

Pushing a client to buy a security in order to receive the next dividend is a big no-no in the securities industry. Just know that it’s never a good idea. 

There’s also a nifty bit of legal language on every prospectus that reads: 

“On the ex-dividend date for a distribution, a fund’s share price is reduced by the amount of the distribution. If you buy shares just before the ex-dividend date, in effect, you ‘buy the dividend.’ You will pay the full price for the...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

Next: FINRA Code of Arbitration Procedure  
  Prev: More FINRA Rules

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.