SIE: Exercise

Exercise

Match the following approval requirements with each action.
(Some may be repeated or not used at all.)

1. A. No notification is required
2. B. Firm must be notified
3. C. Firm must be notified and written approval must be received before participation is allowed
4. D. Not allowed under any circumstance
5. 1. _____ An associated person wishes to borrow from a customer with whom he has a personal relationship outside of the broker/customer relationship.
6. 2. _____ A Fidelity broker wants to sell a New York