Series 53: Taping Rule

Taken from our Series 53 - MSRB Municipal Securities Principal Qualification Exam

Definition of the term Taping Rule...

a set of special supervisory procedures over the telemarketing activities of a member firm's registered personnel if the member firm is found to employ an excessive number of registered persons who have previously been associated with a disciplined firm during the past three years. The special supervisory procedures require the tape-recording of all telephone conversations between the member firm's registered persons and existing and potential customers.

Since you're reading about Series 53: Taping Rule, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 53
Please Enable Javascript
to view this content!