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3I0-012 · Question #622

In a dispute between the dealer and a broker, the Model Code recommends that this should be referred in the first instance to:

The correct answer is B. Senior management of the bank and the brokerage firm. See the full explanation below for the reasoning.

Question

In a dispute between the dealer and a broker, the Model Code recommends that this should be referred in the first instance to:

Options

  • ACentral bank.
  • BSenior management of the bank and the brokerage firm.
  • CHead of compliance.
  • DACI's Committee for Professionalism (CFP).

How the community answered

(45 responses)
  • A
    4% (2)
  • B
    73% (33)
  • C
    9% (4)
  • D
    13% (6)

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Full 3I0-012 Practice