SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 33

Question: 33

Which of the following are covered by both of the following rules: FINRA 5210 – Publication of Transactions and Quotations and MSRB G-13 – Quotations?

A. Over-the-counter equity securities with prices published in multiple markets must be published with the same prices in each market, unless a customer submits a limit order.

B. Published quotes must represent prices that investors can actually pay when buying or receive when selling.

C. A broker-dealer must only make offers to buy or sell if willing to actually buy or sell at the prices offered.

D. A member must process an order without separating it into multiple orders if the main cause for the multiple orders is to receive higher compensation.

SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 33

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