A registered representative realizes that the wrong account number was written on an order ticket. The RR should:

A registered representative realizes that the wrong account number was written on an order ticket. The RR should:



A) fill out an error or trade correction report only.

B) notify a principal and await further instructions.

C) fill out an error or trade correction report and notify a principal.

D) do nothing as no action is required as long as the trade is processed for the right account.



Answer: C) fill out an error or trade correction report and notify a principal.


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