FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 118 Topic 12 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 118 Topic 12 Discussion

Series-7 Exam Topic 12 Question 118 Discussion:
Question #: 118
Topic #: 12

The FINRA Conduct Rules permit a transaction made “seller’s option” to be delivered earlier than the expiration of the contract if:


A.

the buyer is given one-day notice in writing


B.

the seller is located in New York City


C.

the client requests it


D.

the buyer is a non-clearing member


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