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3I0-012 · Question #514

If there is a need for assistance to help resolve a dispute over differences between a broker and a bank, the Model Code suggests turning to:

The correct answer is C. the Committee for Professionalism of the ACI. See the full explanation below for the reasoning.

Question

If there is a need for assistance to help resolve a dispute over differences between a broker and a bank, the Model Code suggests turning to:

Options

  • Athe monetary authority in the country where the broker is located
  • Bthe banking association in the country where the bank is located
  • Cthe Committee for Professionalism of the ACI
  • Dthe local foreign exchange market committee

How the community answered

(28 responses)
  • A
    4% (1)
  • B
    18% (5)
  • C
    71% (20)
  • D
    7% (2)

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Full 3I0-012 Practice