SIE practice questioneasyFINRA Rules
According to FINRA rules, a broker must always:
- AAccept verbal orders only
- BGuarantee profits
- CAct in the best interest of the customer✓ Correct answer
- DCharge the lowest possible commission
Explanation
Why C — Act in the best interest of the customer
FINRA requires brokers to act in customers' best interest. Guarantees and verbal-only orders are prohibited; commissions must be fair, not necessarily lowest.
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