SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 27

Question: 27

FINRA Rule 2120 – "Commissions, Mark Ups and Charges" relates to which of the following situations?

A. The broker-dealer advises the customer to make no trades until the following day.

B. The broker-dealer has a conflict of interest because of personally owning the security being considered.

C. The broker-dealer is acting in an agency capacity.

D. The broker-dealer is closing the agency and will not be able to provide future service.