Khung pháp lýCâu 374 / 398
MSRB Rule G-37 addresses political contributions by municipal securities dealers. What is the primary consequence if a dealer's covered associate makes a disqualifying political contribution to an official of an issuer?
a.The dealer is banned from municipal securities business with that issuer for two years
b.The associate must pay a $100 fine
c.The contribution is refunded automatically
d.The dealer must file a Form BD amendment within 10 days
Giải thích
MSRB Rule G-37 generally bans a municipal securities dealer from engaging in municipal securities business with an issuer for two years after certain political contributions by the dealer or its covered associates to officials of that issuer. The rule is meant to curb 'pay-to-play' practices. A de minimis exception allows small contributions to candidates the contributor can vote for.
Trích dẫn luật: FINRA RulesLuyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
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