ACI
3I0-012 · Question #462
What are financial market professionals not explicitly required by the Model Code to clarify and agree to in writing?
The correct answer is A. that the customer understands he will be charged for advisory services that are provided. See the full explanation below for the reasoning.
Question
What are financial market professionals not explicitly required by the Model Code to clarify and agree to in writing?
Options
- Athat the customer understands he will be charged for advisory services that are provided
- Bthat the customer understands the terms, conditions and risks of the transaction
- Cthat the customer understands that any information or explanation should not be interpreted as investment
- Dthat the customer understands he is entering into the transaction at his own risk and for his own account.
How the community answered
(58 responses)- A83% (48)
- B9% (5)
- C5% (3)
- D3% (2)
Community Discussion
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