Market Participants and Their Roles

In this section

• Understand Investor Classifications: Accredited, Institutional, and Retail
  Learn to differentiate accredited, institutional, and retail investors. Understand their characteristics and motivations in capital markets.
• Understand Broker-Dealers' Role in the Securities Market
  Explore the fundamental roles broker-dealers play in capital markets, distinguishing between introducing, clearing firms, and prime brokers.
• Master Investment Advisers: Their Role and Regulations
  Learn about the vital role of investment advisers in the securities industry and the regulatory requirements they must adhere to.
• Understanding Municipal Advisors: Roles in Capital Markets
  Comprehensive guide on municipal advisors and their roles in advising state and local governments in the issuance of municipal securities.
• Understand Traders & Market Makers: Key Roles and Functions
  Discover the pivotal roles of traders and market makers in the securities market, focusing on their functions and impact on liquidity provision.
• Understand the Essential Roles of Custodians and Trustees
  Navigate the key responsibilities of custodians and trustees in asset management, vital for the FINRA SIE exam.
• Understanding Transfer Agents: Key Functions and Responsibilities
  Dive into the crucial role of transfer agents in securities markets, from maintaining records to facilitating transfers and issuing certificates.
• Mastering Depositories & Clearing Corporations for SIE Exam
  Understand depositories and clearing corporations' roles in financial markets for success in your SIE exam.