SIE practice questionmediumMSRB Rules
Who enforces MSRB rules for broker-dealers?
- AMunicipal advisory firms
- BMSRB directly
- CFederal Reserve
- DFINRA✓ Correct answer
Explanation
Why D — FINRA
FINRA enforces MSRB rules for broker-dealers. MSRB creates rules, not enforcement; the Fed is unrelated; advisories are regulated, not enforcers.
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