Series 87 Resources — Official FINRA Links & Content Outline

Use these official resources as your source of truth.

Exam page & outline

• Series 86/87 exam page (FINRA): https://www.finra.org/registration-exams-ce/qualification-exams/series86-87
• Series 86/87 Content Outline (PDF): https://www.finra.org/sites/default/files/2023-03/Series_86_87_Content_Outline_Revised.pdf

High-yield rule references (Series 87 scope)

• Research Analysts and Research Reports (Rule 2241): https://www.finra.org/rules-guidance/rulebooks/finra-rules/2241
• Communications with the Public (Rule 2210): https://www.finra.org/rules-guidance/rulebooks/finra-rules/2210
• Disclosure of Control Relationship with Issuer (Rule 2262): https://www.finra.org/rules-guidance/rulebooks/finra-rules/2262
• Disclosure of Participation or Interest in Distributions (Rule 2269): https://www.finra.org/rules-guidance/rulebooks/finra-rules/2269
• Supervision (Rule 3110): https://www.finra.org/rules-guidance/rulebooks/finra-rules/3110
• Supervisory Control System (Rule 3120): https://www.finra.org/rules-guidance/rulebooks/finra-rules/3120
• Public Offerings With Conflicts of Interest (Rule 5121): https://www.finra.org/rules-guidance/rulebooks/finra-rules/5121
• Trading Ahead of Research Reports (Rule 5280): https://www.finra.org/rules-guidance/rulebooks/finra-rules/5280

SEC references (high level)

• Regulation AC (analyst certification): https://www.ecfr.gov/current/title-17/chapter-II/part-242
• Regulation FD (fair disclosure): https://www.ecfr.gov/current/title-17/chapter-II/part-243
• Regulation G (non-GAAP disclosures): https://www.ecfr.gov/current/title-17/chapter-II/part-244
• Regulation M: https://www.ecfr.gov/current/title-17/chapter-II/part-242