Series 51: Prudent Investor Standard

Taken from our Series 51 - MSRB Municipal Fund Securities Limited Principal Qualification Exam

Definition of the term Prudent Investor Standard...

the requirement that a professional consider a customer's investment objectives (including the desire to take risk to achieve growth) and ability to tolerate risk and experience losses, using careful investment selection and diversification to manage risk.

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Solomon Exam Prep Study Materials for the Series 51
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