Series 7: 3.6.31 Rule G-31—Reciprocal Dealings Prohibited

Taken from our Series 7 Top-off Online Guide

3.6.31 Rule G-31—Reciprocal Dealings Prohibited

Also known as the anti-reciprocal rule, this rule states that broker-dealers may not solicit business with an investment company in return for steering their customers’ sales into shares or units of the investment company.

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