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3I0-012 · Question #469

3I0-012 Question #469: Real Exam Question with Answer & Explanation

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Question

The Model Code is clear on "position parking". What does it say?

Options

  • AThe parking of deals or positions with any counterparty is discouraged
  • BThe parking of deals or positions with any counterparty should be forbidden
  • CThe parking of deals or positions should be subject to a clear policy laid down in writing by senior management
  • DIn jurisdictions where position parking is allowed, prior approval should be sought from the regulator

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