View all questions & answers for the 3I0-012 exam
Which of the following is a Model Code good practice regarding the passing of names?
Bank dealers should, wherever possible, give brokers prior indication of counterparties with whom they would be unwilling to do business.
Brokers may divulge the names of principals prematurely to induce a counterparty to transact.
Dealers should never give brokers guidance on the extent of their price differentiation across broad categories of counterparties.
When a principal’s name proves unacceptable to another principal, the broker is bound to divulge who refused it.
Submit