If I received very low performing in “1. Seeks business for the broker-dealer from customers and potential customers” and “3. provides customers with information, makes recommendations, maintains records,” which should i really focus my time on?
I plan on rereading through the entire book start to finish, but wanted to see where I really needed to focus.
Hi @Rosemary_Bradtke - I’m happy to help! I’ve listed important topics for both Functions 1 and 3 add provided relevant links to our materials. I recommend focusing primarily on Function 3, as it represents 73% of the exam (91 total questions). Function 1 only represents 7% of the exam (9 total questions).
Function 1 - Seeks Business for the Broker-Dealer from Customers and Potential
Customers - biggest topics:
- FINRA communication rules
- Primary market & relevant rules
Function 3 - Provides Customers with Information About Investments, Makes
Recommendations, Transfers Assets and Maintains Appropriate Records - biggest topics:
- Fundamental analysis
- Product/securities knowledge
- Benefits, risks, typical investor (BRTI)
Good luck on your retake!
Could you please do this for the other functions as well? Thanks!
Hi @MelodyyFaith - here you go!
Function 2: Opens Accounts After Obtaining and Evaluating Customers’ Financial
Profile and Investment Objectives - biggest topics:
Function 4: Obtains and Verifies Customers’ Purchase and Sales Instructions and
Agreements; Processes, Completes and Confirms Transactions - biggest topics: