SIE practice questioneasyTrade Execution
Which entity is responsible for ensuring best execution of customer orders?
- AThe Exchange
- BFINRA
- CBroker-dealer✓ Correct answer
- DThe Customer
Explanation
Why C — Broker-dealer
Broker-dealers are legally obligated to seek the best execution for their customers' orders. FINRA and exchanges establish rules, but the broker-dealer directly handles client orders. Customers rely on their broker for execution.
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