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3I0-012 · Question #63

3I0-012 Question #63: Real Exam Question with Answer & Explanation

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Question

A broker offers a dealer a financial incentive in the form of a price reduction to the previously agreed brokerage arrangements between the firms.

Options

  • AThis is considered as a normal discount for bulk business.
  • BThe offer should be agreed only by directors or senior management on each side and should be recorded
  • CThe offer should be expressly approved by both the individuals concerned and clearly recorded in writing.
  • DThe Model Code strongly discourages such practices.

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