SIE - Securities Industry Essentials Exam

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Which of the following is NOT an immediate family member based on FINRA Rule 5130 regarding the purchase and sale of IPOs by restricted persons and their immediate family members?

Parent
A
Sibling
B
Uncle
C
Mother in-law
D

Explanations

Immediate family members do not include Aunts, Grandparents or Uncles for purposes of this rule. In-laws are considered an immediate family member.

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