ACI
3I0-012 · Question #146
Experience has shown that recourse to taped telephone conversations proves invaluable to the speedy resolution of disputes. Therefore, the Model Code recommends:
The correct answer is D. that only telephone conversations between dealers and brokers be recorded. See the full explanation below for the reasoning.
Question
Experience has shown that recourse to taped telephone conversations proves invaluable to the speedy resolution of disputes. Therefore, the Model Code recommends:
Options
- Athat all telephone conversations (internal and external) be taped without informing counterparties
- Bthat only conversations undertaken by dealers and brokers should be recorded
- Cthat all conversations undertaken by dealers and brokers should be recorded, together with back office
- Dthat only telephone conversations between dealers and brokers be recorded
How the community answered
(17 responses)- A6% (1)
- B6% (1)
- C18% (3)
- D71% (12)
Community Discussion
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