§ 13.4. Recommendations to customers.
66 words·~1 min read·
/us/cfr/t12/s§ 13.4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In recommending to a customer the purchase, sale or exchange of a government security, a bank that is a government securities broker or dealer shall have reasonable grounds for believing that the recommendation is suitable for the customer upon the basis of the facts, if any, disclosed by the customer as to the customer's other security holdings and as to the customer's financial situation and needs.
Connections4 cite this
Cited by 4 sections · top 2
Citation graph
cites case law
§ 13.4
Recommendations to customers.
Fed. Reg.×4
Cites 0Cited by 4 across 1 source