ACAMS
CAMS · Question #362
CAMS Question #362: Real Exam Question with Answer & Explanation
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Question
A potential client calls a broker-dealer wishing to purchase securities. The client does not appear to be concerned with any fees associated with the account or price of the securities. Further information provided by the potential client indicates the individual may have relatives working for a company in which the potential client wants to invest. Which type of activity is the potential client attempting to commit?
Options
- ATransfer of value to relatives
- BUsage as a deposit account
- CUsage of insider information
- DTransfer funds to a third-party
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