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The Financial and Operations Principal (FINOP), Series 27/28, must certify the accuracy of FOCUS Reports. This accountability is central to the FINOP role. Thus, C is correct.

Broker-dealers file monthly and quarterly FOCUS Reports under Rule 17a-5, depending on size and activity. These provide regulators with timely financial and capital information. Annual filings must also be audited. Weekly reporting is not a requirement under this rule. Thus, A is correct.

Rollover risk occurs when short-term funding (such as repos or commercial paper) matures and lenders decline to renew. This can cause sudden liquidity crises. It is distinct from liquidity or market risk. Thus, B is correct.

Net capital = Tentative net capital – Haircuts. Here, $600,000 – $100,000 = $500,000. Thus, A is correct.

SEC Rule 15c3-3 requires broker-dealers carrying customer accounts to establish a Special Reserve Bank Account for the Exclusive Benefit of Customers. The amount deposited is calculated weekly (or monthly for smaller firms) using the Reserve Formula. This ensures that excess customer funds are held in a safeguarded account segregated from the firm’s operational cash. It protects customers in case of insolvency. Options A, C, and D do not meet this regulatory requirement. Thus, B is correct.