If a customer wants to place an order for a specific municipal bond and provides the bond's issuer, coupon, maturity date, and CU.S.IP number, but has not disclosed his financial objectives or tax status, the representative must:

If a customer wants to place an order for a specific municipal bond and provides the bond's issuer, coupon, maturity date, and CU.S.IP number, but has not disclosed his financial objectives or tax status, the representative must:


A) refuse the order.

B) execute the order and mark it "unsolicited".

C) determine whether the transaction is suitable.

D) recommend a different bond of the same issuer with a higher rating.



Answer: B) execute the order and mark it "unsolicited".


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