The question was: Which of the following correctly depicts what the new Proposed Rule 3110(b)(3), in the Financial Industry Regulatory Authority’s Regulatory Notice 08-24, would do:
a) Require B-Ds to supervise their reps when they sell securities
b) Require B-Ds to supervise their reps when selling fixed annuities and any investment advisory activities in which they’re engaged
c) Be limited in its application to registered securities
d) Apply to all securities transactions, both exempt and non-exempt.
e) a), b) and c)
f) a), b) and d)