Series 99: 3.1.11 Interpositioning

Taken from our Series 99 Top-off Online Guide

3.1.11  Interpositioning

Interpositioning is the practice of inserting a third party between a broker-dealer and the best available price in the market when it results in a higher price to the customer than would otherwise have been necessary. For example, suppose a broker-dealer passes a customer order to another broker-dealer to purchase the security from the market. Each brok

Since you're reading about Series 99: 3.1.11 Interpositioning, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 99
Please Enable Javascript
to view this content!