Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Which FINRA rule requires that a member and all associated persons must use reasonable care to find out the best market for a security and buy or sell it so that the customer's price is as favorable as possible?

FINRA Rule 5310
A
FINRA Rule 3170
B
FINRA Rule 2310
C
Regulation S
D

Explanations

FINRA Rule 5310 requires that, in any transaction for or with a customer, a member and all associated persons must use reasonable care to find out the best market for a security and buy or sell the security so that the price to the customer is as favorable as possible.

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