Giao dịch, Tài khoản & Hành vi cấmCâu 246 / 398
FINRA's Know Your Customer rule requires a firm to use reasonable diligence to know the essential facts about every customer. The 'essential facts' are primarily those needed to do what?
a.Guarantee the customer a profit on every trade
b.Effectively service the account and comply with laws and firm policies
c.Sell the customer as many products as possible
d.Report the customer's spending to credit agencies
Giải thích
Rule 2090 requires knowing the essential facts to effectively service the account, act on any special handling instructions, understand the authority of anyone acting for the customer, and comply with applicable laws and regulations. It works alongside the suitability rule.
Trích dẫn luật: FINRA Rule 2090Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A qualified distribution from a Roth IRA is generally tax-free if the account has been open at least five years AND the owner meets which condition?
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- For a typical new cash account for an individual, whose signature is generally NOT required on the new account form itself?
- Before a registered representative may exercise discretion in a customer's account, what is generally required?
- A customer calls and says: 'Buy 500 shares of XYZ for me today, but you pick the best time and price.' The representative has no written discretionary authority. Is this order permissible?
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