SIE practice questionmediumDual Regulation
A broker-dealer that is a member of both FINRA and the MSRB must follow whose rules?
- AOnly FINRA's
- BOnly MSRB's
- CBoth FINRA's and MSRB's✓ Correct answer
- DNeither
Explanation
Why C — Both FINRA's and MSRB's
Broker-dealers must comply with all SRO rules for which they are members.
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