OPRA Exam study plan

Map each regulator (SEC, FINRA, state securities administrators, SRO) to the specific rulebook sections that govern registration, business conduct, and reporting, citing rule numbers

Summarize the statutory obligations that drive broker-dealer recordkeeping, order handling, and customer protection

Build a one-page deadline calendar covering trade reporting, settlement, disclosure delivery, and complaint response windows

Write and self-quiz 25 flashcards on regulatory structure and terminology, logging every miss

Assemble the required documentation checklist for individual, joint, corporate, trust, and retirement accounts

Explain know-your-customer and suitability obligations and apply them in writing to five short client scenarios

Compare discretionary versus non-discretionary authority, including approval, documentation, and ongoing monitoring duties

Identify the account-update and periodic-review triggers that require refreshed documentation

Diagram the end-to-end lifecycle of a securities order from receipt through execution, confirmation, clearing, and settlement

List the documentation and supervisory evidence required to demonstrate best execution and proper order routing

Calculate settlement dates across ten practice scenarios, including weekends and holidays

Distinguish principal from agency capacity and state the disclosure each requires

Separate permitted practices from prohibited ones (front-running, trading ahead, marking the close, wash trades) using rule-based reasoning

Map the conflicts-of-interest disclosure and mitigation obligations that apply to compensation, proprietary trading, and outside activities

Apply a written ethical decision framework to six vignettes and defend each conclusion in two sentences

Trace how an order-handling error is corrected, documented, and reported to the client

Catalog each record type by retention period, storage format, and access requirement

Design a daily reconciliation control across positions, cash, and confirmations, and list the steps for researching and clearing a break

Draft an exception-reporting and escalation path that names owners and timeframes

Write the required supervisory review evidence for a sample month of activity

Outline the pillars of an anti-money-laundering program and match each to the written policy element that satisfies it

Apply customer-identification, red-flag, and escalation criteria to eight transaction scenarios

Sequence the suspicious-activity and large-currency reporting decision process, including timing and confidentiality constraints

Build a complaint-handling workflow with intake, response deadlines, escalation, and root-cause logging

Re-attempt every missed item from weeks 1-6 and write the rule basis for each corrected answer

Complete two timed 30-question sets drawn from your weakest two domains

Identify the three highest-risk topics on the blueprint and produce a one-page summary for each

Rehearse explaining a reconciliation break and a suspicious-activity escalation out loud in under three minutes each

Sit two full-length timed mock exams under test conditions and record domain-level scores

Rebuild notes for any domain scoring below 75% and re-test that domain the same day

Review the deadline calendar, retention table, and escalation paths one final time

Confirm exam-day logistics and set a pacing target per question