Series 7: 3.6.30 Rule G-30—Prices And Commissions Must Be Fair

Taken from our Series 7 Top-off Online Guide

3.6.30 Rule G-30—Prices and Commissions Must Be Fair

Markups and markdowns for principal transactions and commissions for agency transactions must be fair and reasonable, taking into consideration the fair market value of the securities at the time of the trade, the expense involved in effecting the trade, the fact that the broker-dealer is entitled to a profit, and the total dollar amount of the transaction.

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