A:

a. Never
b. When he or she has written approval from the firm



c. When he or she has written approval from the firm AND contributes equally to the account and shares equally in any losses that arise



d. Only if the agent's contributions to the account are two times GREATER than those of the client



Answer: C



It is considered fraudulent to commingle funds in an account, unless:
• Written authorization by the firm grants such.
• An agent contributes equally (monetarily) to the account.



RELATED FAQS

  1. How does an insurance broker make money?

    Discover how an insurance broker makes money. Insurance brokers are important in helping people find the right insurance ...
  2. What does the variance between the bid and ask price of a stock mean?

    Find out how stocks are traded in the market, why the bid and ask prices are different and why the bid-ask spread is smallest ...
  3. When is a share purchase marked as 'settled' by a brokerage?

    Understand the process of purchasing stock, including ordering, clearing and settlement, and learn when a stock trade is ...
  4. What financial regulation exist to control the secondary market?

    Examine a brief characterization of financial regulation in the secondary market, including self-regulatory organizations ...
RELATED TERMS
  1. Placement Agent

    An intermediary who raises capital for investment funds.
  2. Fintech

    Fintech is a portmanteau of financial technology that describes ...
  3. Einhorn Effect

    The sharp drop in a publicly traded company’s share price that ...
  4. Discretionary Investment Management

    A form of investment management in which buy and sell decisions ...
  5. Execution Only

    A trading service that is restricted to execution of trades only, ...
  6. Business Broker

    A professional who specializes in the purchase and sale of companies. ...

You May Also Like

Related Articles
  1. Professionals

    Top Strategies on How to Become a Stock ...

  2. Brokers

    Can Tradier's Brokerage API Replace ...

  3. Professionals

    How to Choose a Robo-advisor? Follow ...

  4. Trading Strategies

    Not All Online Trading Brokers Are Created ...

  5. Brokers

    How long does it take a broker to confirm ...

Trading Center