Laws & Regulations第 89 / 110 题
An adviser wishing to enter into an agency cross transaction (acting as broker for both sides) must generally do which of the following?
a.Obtain prior written client consent and disclose the conflict
b.Never disclose the arrangement to clients
c.Guarantee the client a profit
d.Charge a performance fee
解析
An adviser engaging in an agency cross transaction, acting as broker for both the advisory client and the other party, must obtain the client's prior written consent, disclose the conflict of interest, and comply with related requirements. This protects clients from undisclosed conflicts. Such transactions may not be recommended to both sides of the trade.
法律依据: Investment Advisers Act of 1940免费刷完整 110 道题库 — 无需注册。
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