SIE practice questionhardRule Amendments
When amending a rule, what is the SRO required to do before submitting to the SEC?
- AConsult with the President
- BSeek member comment or approval✓ Correct answer
- CRefer to the Department of Justice
- DNotify all customers
Explanation
Why B — Seek member comment or approval
SROs often seek input or comments from their members when amending rules before SEC review.
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