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Materials information is important information pertaining to a securities transaction.
What is Arbitration? Arbitration is like court for the financial world. It is used to settle disputes between investors and their brokers. An inves...
Finance: What is an Associated Person? 3 Views
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Description:
What is an Associated Person? An associated person is just an employee of a broker or a dealer that are involved in trading. These people must be certified depending on their jobs and follow SEC regulations; thus people like secretaries are often not included.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Board of Directors
- Terms and Concepts / Ethics/Morals
- Terms and Concepts / IPO
- Terms and Concepts / Marketing
- Terms and Concepts / Regulations
- Terms and Concepts / Stocks
- Terms and Concepts / Trading
Transcript
- 00:00
Finance a la shmoop... what is an associated person oh it sounds so
- 00:07
devious maybe even evil associated person a crime scene like were they [Man with horns on his head in a street]
- 00:13
there when the murder happened or were they just hanging out at seedy billiards
- 00:18
club shoes optional....Picture a bright light
- 00:22
shining in your face and a dark voice asking are you now or have you ever been
Full Transcript
- 00:26
associated with an associated person yeah not so much [Light shining on a man]
- 00:29
all right an associated person is just a principal in a FINRA covered firm... FINRA,
- 00:34
FINRA it stands for Financial Industry Regulatory Authority and the Associated
- 00:41
person is then legally "associated" with that firm and they have to [Man holding arms up to police]
- 00:47
follow that firms standards and practices ethical codes and style guides
- 00:52
in not using pink color font on their letterhead so who is that person
- 00:57
it's a partner, an officer, a director, or a branch manager or even anyone
- 01:01
performing duties similar to the above that is it's a broad all-encompassing
- 01:06
definition of associated so that if friends of or dotted line partners to
- 01:13
the firm do bad things well then the long arm of the law has the right to go [Police officers chase man with horns on head]
- 01:19
after them with teeth well the first type of whispery associated person would
- 01:24
have been a lot more compelling sorry
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