SIE practice questionhardSRO Rule Enforcement
What power does an SRO have if it finds a member is engaging in practices detrimental to the public?
- ARefer the case to the IRS
- BImpose fines, suspend, or expel the member✓ Correct answer
- CSend the member to jail
- DChange federal law
Explanation
Why B — Impose fines, suspend, or expel the member
SROs can fine, suspend, or expel members but cannot incarcerate or change federal law.
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