SIE Overview of the Regulatory Framework Question 3: Answer and Explanation

Question: 3

Which of the following is a part of the FINRA continuing education requirements?

• A. State element
• B. Federal element
• C. Regional element
• D. Firm element

Correct Answer: D

Explanation:

D: The firm element is a part of the FINRA continuing education requirement that is developed and administered each year to its FINRA-registered associated persons as appropriate. Choices A, B, and C are not parts of the FINRA continuing education requirements. The other part is the regulatory element, which FINRA updates and administers.