SIE practice questionhardMSRB Rules
Broker-dealers selling municipal securities must adhere to rules established by which body?
- ACFTC
- BMSRB✓ Correct answer
- CFDIC
- DFINCEN
Explanation
Why B — MSRB
The Municipal Securities Rulemaking Board (MSRB) sets rules for municipal securities dealers. CFTC governs commodities, FDIC insures deposits, and FINCEN oversees anti-money laundering.
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