SIE practice questionhardSROs and Arbitration
If a customer signs an arbitration agreement with a broker-dealer, which rules govern the arbitration?
- AState insurance laws
- BSRO rules and procedures✓ Correct answer
- COnly federal law
- DOnly the broker-dealer’s company policy
Explanation
Why B — SRO rules and procedures
SRO rules govern arbitration procedures between customers and member firms.
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