Recommendations Professional Conduct And Taxation - Outside Employment

If a registered representative wants to obtain employment outside of their position, with a member firm, the registered representative must first obtain the employing member’s prior approval. Exceptions to this rule are if the registered representative is a passive investor in a business or if the representative owns rental property. All other outside business activities must be disclosed and require prior approval of the member firm.



Series 62 Training Resources



Private Securities Transactions
Related Articles
  1. Investing

    How does FINRA differ from the SEC?

  2. Professionals

    Series 99

  3. Professionals

    Series 24

  4. Professionals

    Becoming A Registered Investment Advisor

  5. Professionals

    I have a CFA designation. Do I qualify for any exemptions from FINRA licensing exams?

RELATED TERMS
  1. Comprehensive Automated Risk Data ...

    The Comprehensive Automated Risk Data System (CARDS) is an initiative ...
  2. Corporate Financing Committee

    A regulatory group that reviews documentation that is submitted ...
  3. Series 79

    A examination to ensure a candidate is qualified to become a ...
  4. Research Analyst

    A person who prepares investigative reports on equity securities. ...
  5. Series 34

    An exam required for individuals seeking to engage in off-exchange ...
  6. Financial Advisor

    One who provides financial advice or guidance to customers for ...

RELATED FAQS

  1. How does FINRA differ from the SEC?

    With all the financial organizations out there, knowing what they all do can be as complicated as knowing where to invest. ...
  2. I have a CFA designation. Do I qualify for any exemptions from FINRA licensing exams?

    Unfortunately, a CFA charter does not qualify you for any FINRA exam exemptions.
  3. How can I find out if my employer is a member of FINRA?

    To find out if your employer is a member of the Financial Industry Regulatory Authority or FINRA (previously the National ...
  4. Am I qualified once I complete my FINRA certification exam?

    Even if you have completed your Financial Industry Regulatory Authority or FINRA (previously the National Association of ...

You May Also Like

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!