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Among Close Relative of the Covered Member,e

Question 68

Multiple Choice

Among close relative of the covered member,e.g. ,brothers,sisters,mother,father,and cousins,when is ownership of the client's stock by them considered the same as ownership by the covered member?


A) Key financial position.
B) Immaterial financial interest in the client with covered member's knowledge.
C) Material financial interest in the client without the covered member's knowledge.
D) All are considered part of the covered member's close relatives and so would affect the covered member's independence.

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