SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 23

Question: 23

Which of the following correctly describes the situation of FINRA's discipline of registered representatives regarding a customer's signatures under FINRA Rule 2010?

A. The registered representative had a client sign a form that was not completed, which the representative completed later, without knowledge and approval of a registered principal.

B. The registered representative had a client sign a form that was not completed, which the representative completed more than one year later.

C. The registered representative had a client sign a form that was not completed, which the representative completed later, resulting in a trade that lost money for the customer.

D. The registered representative had a client sign a form that was not completed, which the representative completed later.

SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 23

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