To engage in securities transactions with United States (US) clients, non-US firms must comply with SEC Rule 15a-6 requirements. This rule provides limited exemptions to the US registration requirement for firms.
The US require firms to register as a broker-dealer in the US. To conduct business with US clients under the exemptions of Rule 15a-6, firms must complete a Background Questionnaire and Consent to Service of Process form.
Our SEC Rule 15a-6 Course addresses non-US bank employees, and it explains the exemptions under this rule in doing business in the US.
Available as part of our FCA Compliance Library.
This course will prepare your employees to:
- Customer classification
- Rule 15a-6(a)(1) - Unsolicited Exemption
- Rule 15a-6(a)(2) - Research Exemption
- Rule 15a-6(a)(3) - Chaperoning Exemption
- Rule 15a-6(a)(4) - Permissible Direct Counterparties
Approximately 20-minute long e-learning course followed by a 9-question assessment.
Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.
SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.
All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.
Fully customisable on Skillcast Portal CMS.
Pre-translated versions not available, but all text content can be exported for translation into all languages.
Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.