SIE: Exercise

Exercise

Circle TRUE or FALSE

1. 1. TRUE or FALSE. Broker-dealers are required to submit quarterly statements to the MSRB that disclose all of the broker-dealer’s political contributions.
2. 2. TRUE or FALSE. Municipal securities business in the context of the pay to play rule (MSRB Rule G-37) includes selling municipal securities to customers in the secondary market.
3. 3. TRUE or FALSE. The pay to play rule has two main components: a prohibition on engaging in municipal securities business after certain political contributions are made and a disclosure requirement.
4. 4. TRUE or FALSE. The pay to play rule prohibits broker-dealers and their associated professionals from conducting any munici