Series 79: Quantitative Suitability Obligation

Taken from our FINRA Investment Banking Exam

Definition of the term Quantitative Suitability Obligation...

the FINRA requirement that a broker-dealer must reasonably believe that a series of recommended transactions for a customer are not excessive from a financial standpoint.

Since you're reading about Series 79: Quantitative Suitability Obligation, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!