RegulationsCâu 53 / 110
A customer is nervous about market volatility and the representative offers to personally reimburse any losses in the first year. This offer is:
a.Acceptable if the representative documents it in the client file
b.Acceptable if the branch manager approves it in writing
c.Acceptable only for accounts under $25,000
d.Prohibited, because a registered person may not guarantee a customer against loss
Giải thích
Guaranteeing a customer against loss is flatly prohibited; it misrepresents the risk of the investment and creates an obligation the firm has not sanctioned. No amount of documentation, supervisory approval, or account size makes the promise permissible. Sharing in losses is permitted only under narrow joint-account rules with written firm and customer approval and proportionate capital contribution.
Trích dẫn luật: FINRA RulesLuyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A representative repeatedly redeems a customer's shares in one fund family and reinvests the proceeds in a similar fund at another family, generating a new sales charge each time. This practice is called:
- Urging a customer to buy fund shares immediately so the customer can "capture" an upcoming distribution is prohibited because:
- A representative learns that an institutional customer is about to place a very large buy order and immediately buys the same security for a personal account. This is:
- A registered representative may share in the profits and losses of a customer's account only if:
- A representative tells a prospect, "Buy this fund before Friday's record date so you get the $0.40 per share distribution for free." This statement is:
- Which of the following would most likely be viewed as a prohibited practice by a registered representative?
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Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Series 6 — Investment Company & Variable Contracts Rep · Quy trình kiểm tra