SIE practice questioneasyFINRA/MSRB Rules
A municipal securities dealer manipulates prices in the secondary market for a municipal bond. What regulation is being violated?
- AFederal Reserve Act
- BFDIC rules
- CERISA standards
- DMSRB anti-manipulation rules✓ Correct answer
Explanation
Why D — MSRB anti-manipulation rules
The MSRB (Municipal Securities Rulemaking Board) prohibits manipulation in municipal securities. FDIC insures deposits, ERISA governs retirement plans, and Federal Reserve Act covers monetary policy.
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