One or your brokers asks you to buy and sell EUP/USD at the same price net of brokerage in order to allow him to clear a transaction.
A) You must have prior senior management approval.
B) You must have the authority to switch names.
C) You must execute such transactions as promptly as possible within policy guidelines
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above statements are correct. Prior approval from senior management may be necessary for such transactions to ensure compliance with internal policies and regulations. The authority to switch names may be necessary if the broker's client is unable to complete the transaction themselves. And, execution of these transactions should follow policy guidelines and be done as promptly as possible to prevent any market disruption or manipulation.

One or Your Brokers Asks You to Buy and Sell