Series 52: 8.4.2.3.8. Guaranteeing Against Loss

Taken from our Series 52 Top Off Online Guide

8.4.2.3.8.  Guaranteeing Against Loss

Broker-dealers may not guarantee, or offer to guarantee, a customer against loss in either the customer’s account or in a transaction. This rule applies to written and verbal guarantees.

Put options and repurchase agreements are not considered guarantees against loss if their

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