Ask Question
BusinessBusiness
22 October, 11:14

Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employing member firm can request duplicate (A) confirmations only. (B) account statements only (C) confirmations and account statements (D) account forms used to open the account.

+4
Answers (1)
  1. 22 October, 11:39
    0
    C) confirmations and account statements

    Explanation:

    If an employee of a FINRA member firm wants to work for another FINRA firm, he/she must notify his/her employing member firm, and his/her new employer must send duplicate confirmations and account statements only if requested by the member employing firm. The member employing firm does not have to grant any type of approval or permission.

    The Financial Industry Regulatory Authority (FINRA) regulates member brokerage firms and exchange markets. FINRA is regulated and overseen by the SEC. They issue licences to individuals and admits companies into the financial trading industry.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employing member ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Adjusting entries affect at least one balance sheet account and at least one income statement account. For the entries below, identify the account to be debited and the account to be credited.
Answers (1)
The focus of the Manufacturing career cluster is to make useful products. to use machines. to perform maintenance and installation. to handle logistics and inventory.
Answers (1)
A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010 and 105 in 2009. Between 2009 and 2010, how much did prices increase?
Answers (1)
Which type system allows energy to enter or leave the system, but does not allow matter to cross into or out of the system?
Answers (1)
State and local governments regulate A. Drivers license B. Building permits C. Business license D. All of these
Answers (2)
New Questions in Business
During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.
Answers (2)
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).
Answers (1)
Name and describe the four basic types of fees and cost a franchise owner must pay
Answers (1)
What is the difference between capital gain and capital loss?
Answers (1)
g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.
Answers (1)
Home » Business » Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employing member firm can request duplicate (A) confirmations only.
Sign Up Forgot Password?