SIE practice questionhardTrade Execution
A broker-dealer internalizes a customer market order but fails to match the best price available on another market. What rule is violated?
- ABest execution requirement✓ Correct answer
- BRegulation D
- CInsider trading rules
- DLimit order display rule
Explanation
Why A — Best execution requirement
Failing to provide the best price violates best execution obligations. Regulation D, insider trading, and limit order display rules are not directly relevant in this scenario.
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