SIE: 10.2.6. Prohibition On Guaranteeing Customers Against Loss

Taken from our SIE Online Guide

10.2.6. Prohibition on Guaranteeing Customers Against Loss

FINRA and the MSRB prohibit member firms and their associated persons from guaranteeing a customer against loss in connection with any securities transaction or customer account. This includes offering to reimburse customers for losses.

FINRA Rule 2150(b) and MSRB Rule G-25

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