SIE Exam Practice Question 380

Question: 380

Under what conditions, if any, may an agent of a broker-dealer share in the profits and losses of a customer's account?

Correct Answer: A

Explanation:

A: A customer can open a joint account with their registered rep. In that event, sharing in the performance of the account is permitted, in proportion to the contribution made by each party.

All content of site and practice tests © 2022 Jack.
Quick View

FINRA Practice Tests