Regulations & Conduct第 123 / 125 题
'Selling away,' or participating in private securities transactions without the firm's knowledge and approval, is:
a.Prohibited without prior written notice to and approval from the firm
b.Always permitted for accredited investors
c.Required by FINRA
d.Allowed if the customer signs a waiver
解析
Selling away occurs when a representative participates in securities transactions outside the scope of employment without notifying and obtaining approval from the firm. FINRA rules prohibit this unless the representative gives prior written notice and, for compensated transactions, receives the firm's approval and supervision.
法律依据: Securities Exchange Act of 1934免费刷完整 125 道题库 — 无需注册。
同考点相关题目
- Commingling a customer's funds or securities with the firm's own assets is:
- The Securities Investor Protection Corporation (SIPC) protects customers by:
- Under FINRA rules, most customer account records and communications must generally be:
- A registered representative who wishes to engage in an outside business activity must:
- The Investment Company Act of 1940 primarily regulates:
- A firm's written supervisory procedures and designation of principals are intended to: