FINRA Securities Industry Essentials Exam (SIE) SIE Question # 27 Topic 3 Discussion

FINRA Securities Industry Essentials Exam (SIE) SIE Question # 27 Topic 3 Discussion

SIE Exam Topic 3 Question 27 Discussion:
Question #: 27
Topic #: 3

A registered representative (RR) owns 500 shares of a thinly traded security. A customer of the firm calls the RR to place a sell order for 10,000 shares of the same security. The RR sells his shares before entering the customer's order to sell. Which of the following activities has the RR just engaged in?


A.

Selling away


B.

Front running


C.

Insider trading


D.

Market manipulation


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