FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 23 Topic 3 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 23 Topic 3 Discussion

Series-7 Exam Topic 3 Question 23 Discussion:
Question #: 23
Topic #: 3

For an FINRA member firm to exercise discretionary power in any customer account requires written authorization by that customer except when:


A.

the customer is a spouse of the registered representative


B.

the customer has given an oral approval after the transaction


C.

only time and price of execution are involved


D.

both B and C


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