A quick-reference summary of the main federal laws and FINRA rule themes that reappear across Series 6.
Series 6 does not require deep securities-law analysis, but it does expect the candidate to recognize which regulatory source controls a problem. This appendix is a routing tool for that purpose.
| Rule or law | Why Series 6 cares |
|---|---|
| Securities Act of 1933 | registration and prospectus framework for new issues |
| Securities Exchange Act of 1934 | market regulation and broker-dealer oversight |
| Investment Company Act of 1940 | rules affecting mutual funds, UITs, and similar products |
| FINRA communications rules | how firms supervise retail communications and correspondence |
| suitability and best-interest standards | recommendation logic and customer-fit discipline |
Which law is most closely associated with the framework governing investment companies such as mutual funds?
A. Securities Act of 1933
B. Investment Company Act of 1940
C. Bank Secrecy Act only
D. Uniform Commercial Code
Answer: B. The Investment Company Act of 1940 is the central federal framework for investment companies.