Giao dịch, Tài khoản & Hành vi cấmCâu 279 / 398
Broker-dealers are required to establish, maintain, and enforce written policies to prevent the misuse of material nonpublic information. These are commonly called:
a.Best-execution rules
b.Information barriers (or 'Chinese Walls')
c.Payout grids
d.Prospectus delivery rules
Giải thích
Firms must maintain information barriers (historically called 'Chinese Walls') to prevent MNPI from flowing between departments (for example, from investment banking to trading). This is required to control insider trading risk under federal law.
Trích dẫn luật: Insider Trading and Securities Fraud Enforcement Act of 1988Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Why must discretionary accounts be reviewed frequently by a principal?
- A trustee opens an account for a trust that requires conservative, income-oriented investing. The representative recommends a highly speculative penny stock. What is the core problem?
- During account opening, a firm cannot verify a new customer's identity using the information provided and has no reasonable belief it knows the customer's true identity. Under CIP, what should the firm generally do?
- A representative, worried about losing a client, promises in writing to personally reimburse any losses in the client's account. This is:
- Under FINRA rules, a registered representative may generally share in the profits or losses of a customer's account only if:
- A representative asks a wealthy client for a personal loan to cover his own expenses. Under FINRA rules, this is:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra