Series 7 - General Securities Representative Exam
Training Mode
When is it permissible for a registered rep to give a firm quote?
When the RR's firm is acting in an agency capacity in the transaction for the underlying security
A
When the RR's firm is a market maker in the underlying security
B
When the RR's firm is a broker-dealer and is prepared to give the order to a broker's broker
C
When the RR's firm is a broker-dealer that is prepared to submit the order to an ECN
D