Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The core distinction between the Securities Act of 1933 (new issues) and the Securities Exchange Act of 1934 (secondary market trading). - Key responsibilities of the SEC, which was created by the 1934 Act, including the registration of broker-dealers and exchanges. - The function of Rule 10b-5 as the primary anti-fraud provision, prohibiting manipulation, deception, and insider trading. - How insider trading is defined, including the liability of both tippers and tippees who act on material, non-public information. - The purpose of Regulation T in setting initial margin requirements and the reporting obligations of public companies through Forms 10-K, 10-Q, and 8-K. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep