Series 65: “time And Price” Discretion

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term “time And Price” Discretion...

a limited discretionary arrangement under which a customer decides which securities to buy and sell while giving their securities professional the freedom to effect transactions in those securities when they think they can get the best price.

Since you're reading about Series 65: “time And Price” Discretion, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!