Chapter 1.10

Question 1

If an employee of Municipal Dealer A wants to open an account with Municipal Dealer B, Municipal Dealer B must:

Answer 1

• Before establishing the account, send written notification to Dealer A.
• Accept orders only in full compliance with written instruction provided to by Dealer A.
• Submit duplicate copies of confirmations to Dealer A.
• *These rules include accounts of the spouse and minor children of the employee, but do not include adult children.
• *Prior approval from the other firm is Not needed prior to executing orders.