Series 53: Rule G-25

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

Definition of the term Rule G-25...

MSRB rule that prohibits broker-dealers from making “improper use of municipal securities or funds held on behalf of another person.” The rule also stipulates that broker-dealers may not guarantee customers against loss or share in their profits or losses.

Since you're reading about Series 53: Rule G-25, you might also be interested in:

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