SIE - Securities Industry Essentials Exam
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When making a recommendation to a customer, it must be suitable for the client's situation and needs. Which of the following must be taken into consideration?
The customers' securities held at other brokerage firms
A
The customer's understanding of the potential risks and rewards
B
The customer's age, tax status and risk tolerance
C
All of the above
D
Explanations
All of the answers are factors that must be used to determine suitability.