Series 24: Interfering With Customer Account Transfers

Taken from our Series 24 Online Guide

Interfering with Customer Account Transfers

FINRA prohibits broker-dealers from interfering with a customer’s account transfer request in cases where the customer’s registered representative has changed employment. In other words, a firm cannot prevent customers from transferring their accounts to another firm because their registered representative has moved to that firm.

FINRA Rule 2140

Since you're reading about Series 24: Interfering With Customer Account Transfers, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 24
Please Enable Javascript
to view this content!