SIE practice questionhardDual SRO Membership
A firm is a member of both FINRA and the NYSE. If there is a conflict between their rules, what should the firm do?
- AFollow only FINRA rules
- BAdhere to the more stringent rule✓ Correct answer
- CIgnore both
- DFollow only NYSE rules
Explanation
Why B — Adhere to the more stringent rule
Firms must comply with the stricter of conflicting SRO rules.
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