ACI
3I0-012 · Question #363
When a broker needs to switch a name this should be done:
The correct answer is C. only provided that such transactions are identified as switching transactions. See the full explanation below for the reasoning.
Question
When a broker needs to switch a name this should be done:
Options
- Aonly after consultation with the local regulator
- Bonly if the switching transaction is done at the current market rate
- Conly provided that such transactions are identified as switching transactions
- Donly after approval by the broker's senior management
How the community answered
(29 responses)- A10% (3)
- B7% (2)
- C79% (23)
- D3% (1)
Community Discussion
No community discussion yet for this question.