Summary
This covers FINRA and SEC rules for broker-dealer conduct, focusing on violations like churning, breakpoint abuse, selling away, and unauthorized trading. It explains the three-element test for churning (control, excessive activity, scienter) with specific metrics like turnover ratios above 6 and cost-to-equity over 20%. You'll also get guidance on mutual fund breakpoint requirements, Rule 3280 for private securities transactions, and senior investor protections. The source material walks through Rule 2010's ethical catch-all and Rule 2020's antifraud provisions. Useful when you need to evaluate whether a broker's conduct crosses regulatory lines or when designing supervisory procedures to prevent violations.
Install to Claude Code
npx -y skills add joellewis/finance_skills --skill sales-practices --agent claude-codeInstalls into .claude/skills of the current project.
Keep your Mac awake while Claude Code and 40+ AI agents run. Sleeps when they're idle.
One time payment $9 →
Integrate web data into your AI product. One API to scrape website & brand data.
Get API Key Now →
Agent, run crypto. Access onchain data & trade routes via 1inch.
Install now →
On Capafy, your Skill runs online 24/7 as an agent product, and you get paid every time someone uses it.
Start earning →
Files
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Featured
Keep your Mac awake while Claude Code and 40+ AI agents run. Sleeps when they're idle.
One time payment $9 →Integrate web data into your AI product. One API to scrape website & brand data.
Get API Key Now →Agent, run crypto. Access onchain data & trade routes via 1inch.
Install now →On Capafy, your Skill runs online 24/7 as an agent product, and you get paid every time someone uses it.
Start earning →
