Accounts & CustomersCâu 69 / 125
When determining whether a recommendation is suitable, a registered representative must consider the customer's:
a.Favorite industries only
b.Zip code and gender
c.Investment objectives, financial situation, risk tolerance, and time horizon
d.The firm's inventory needs
Giải thích
Suitability and the care obligation under Reg BI require the representative to understand the customer's investment profile, including objectives, financial situation and needs, risk tolerance, time horizon, liquidity needs, and experience. Recommendations must fit that profile rather than the firm's interests.
Luyện miễn phí toàn bộ 125 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A withdrawal from a traditional IRA before age 59 1/2 is generally subject to:
- A 401(k) plan is a type of:
- Under Regulation Best Interest (Reg BI), when a broker-dealer makes a recommendation to a retail customer, it must:
- Before a customer may trade options, the firm must:
- A tenants in common (TIC) account differs from JTWROS because in a TIC account:
- A customer buys stock in a cash account for $10,000 with the intent to pay for it by selling the same securities before paying. This practice is known as and prohibited as:
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Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Series 7 General Securities Representative Exam · Quy trình kiểm tra