MILWAUKEE – Quest CE, premier provider of compliance training and tracking technology solutions, today announced the addition of the new Firm Element course, “Outside Business Activities and Private Securities Transactions – Vol. 3,” to its e-learning catalog.
In its third volume, the new course specifies what is and what is not considered an Outside Business Activity (OBA) and helps differentiate between OBAs and Private Securities Transactions (PSTs). The course reviews these rules from the view point of the FINRA member firm and the registered representative and lays out some important considerations for each. Additionally, the course includes real-life FINRA disciplinary cases of registered representatives that were in violation of disclosing an Outside Business Activity and/or a Private Securities Transaction.
Course Topics Include:
- FINRA Rule 3270 – Outside Business Activities (OBAs)
- OBA Examples
- Registered Representative OBA Considerations
- FINRA Member Firm Considerations
- FINRA Sanctions of OBAs
- FINRA Rule 3280 – Private Securities Transactions (PSTs)
- Registered Representative PST Considerations
- Written Supervisory Procedures
- FINRA Sanctions of PSTs
- Case Studies
About Quest CE
For over thirty years, Quest CE has been the premier provider of compliance training and tracking solutions to the financial services industry. In addition to offering on-demand insurance and designation continuing education, Quest CE provides a complete spectrum of proprietary technology solutions for managing compliance risk exposures.
Serving more than 2,000 leading insurance carriers, broker-dealers, banks, and other financial institutions, Quest CE is committed to providing advanced custom solutions at cost effective rates, while providing a level of service that greatly surpasses that of our competitors. Quest CE is the single source solution for organizations’ training and compliance needs. For more information on Quest CE, visit www.questce.com.