SIE practice questionmediumSEC Rule 15c3-3 and Customer Protection in Accounts
Which rule requires broker-dealers to segregate customer securities from firm assets?
- ARegulation T
- BSEC Rule 15c3-3 (Customer Protection Rule)✓ Correct answer
- CRegulation A+
- DRegulation D
Explanation
Why B — SEC Rule 15c3-3 (Customer Protection Rule)
Rule 15c3-3 mandates segregation and protection of customer assets. Reg T is about margin, Reg D and A+ are exemptions for offerings.
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