Series 24: FINRA Quotation Rules

Taken from our Series 24 Online Guide

FINRA Quotation Rules

A group of requirements and restrictions govern how quotes and trades can be published on NASDAQ and the OTC. As a general rule, a member may not publish a quote or trade unless the member believes that the quote or trade is bona fide (real or legitimate). Beyond that, there are a number of specific actions that are required and some activities that are disallowed.

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