Dealers are allowed to trade for their own account if:
A) The dealers have good track records in their deali
B) There has been no previous conflicts of interest i
C) There is a clearly laid down policy.
D) The dealers see no conflict of interest in such de

Question

Quizplus · Accepted Answer

Having a clearly laid down policy ensures that dealers understand the guidelines and limitations of trading for their own account, which can help prevent conflicts of interest from arising. A good track record or lack of previous conflicts of interest are helpful factors, but do not guarantee that trading for their own account will not create conflicts of interest in the future. Similarly, a dealer's perception of whether there is a conflict of interest may not be accurate or may not align with the interests of clients. Therefore, a clearly laid down policy is the best option to ensure ethical and fair practices.

Dealers Are Allowed to Trade for Their Own Account If