Laws & RegulationsPregunta 24 de 100
An agent guarantees a customer against loss on a stock recommendation to close the sale. This practice is:
a.Permitted if the guarantee is in writing
b.Prohibited because agents may not guarantee customers against loss
c.Permitted for accredited investors
d.Required by the suitability rule
Explicación
Agents and broker-dealers may not guarantee a customer against loss. Such guarantees misrepresent the risk of investing and are a prohibited practice. Putting the guarantee in writing does not make it permissible.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- The Administrator may issue a cease and desist order:
- An IAR recommends a securities transaction that will generate a large commission for the IAR's affiliated broker-dealer. To act ethically, the IAR must at minimum:
- Which of the following is generally an exempt security under the Uniform Securities Act?
- Under the Uniform Securities Act, the statute of limitations for a purchaser to bring a civil suit for a violation is generally:
- A remedy available to a defrauded purchaser under the civil liability provisions of the Act typically allows recovery of:
- An investment adviser exercises discretion in a client account. Under the Uniform Securities Act, this generally requires:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 66 Uniform Combined State Law Exam · Cómo revisamos