SIE Exam Practice Question 319

Question: 319

Which of the following regulators enforce the MSRB rules for securities firms?

Correct Answer: B

Explanation:

B - The MSRB creates rules, but does not enforce its own rules. The MSRB rules are enforced by FINRA for securities firms. Within banks, they are enforced by the Federal Reserve, Comptroller of the Currency, and the FDIC.

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