Series 7 Exam Question 149: Answer and Explanation

Question: 149

All of the following must be included on a stock order ticket EXCEPT

• A. the time of the order
• B. the amount of shares
• C. if the trade was unsolicited
• D. the customer’s signature

Correct Answer: D

Explanation:

D. The customer's signature is not required on order tickets. However, the signature of the rep who took the order and a principal must sign. Remember, most of the orders you'll be getting will be through phone calls, so the customer wouldn't be there to sign the order ticket.