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: - Churning involves excessive trading to generate commissions, requiring proof of broker control and excessive activity. - Unauthorized trading is executing trades in non-discretionary accounts without client approval. - Front-running is trading for personal gain based on knowledge of a large pending customer order, while insider trading involves using material, non-public information. - Selling away and private securities transactions require prior written notice to the firm, and written approval if compensation is involved. - Borrowing from or lending to customers, and sharing in accounts, are prohibited with specific, limited exceptions requiring firm approval, while guaranteeing against losses is always forbidden.