Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

A syndicate is underwriting a new issue of muni bonds. Orders will be coming in soon. The typical order for filling orders from lowest priority to highest priority is:

Retail, Group Net, Net Designated, Member

A

Net Designated, Group Net, Retail, Member

B

Member, Retail, Group Net, Net Designated

C

Group Net, Net Designated, Retail, Member

D