SIE practice questionmediumReporting personal trading violations
If an associated person violates firm personal trading policies, the firm must:
- AFile a CTR
- BReport directly to the customer
- CNo reporting is required
- DReport the infraction to FINRA✓ Correct answer
Explanation
Why D — Report the infraction to FINRA
Material violations of firm policy must be reported to FINRA under Rule 4530.
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