Where there are shared management responsibilities or where an investment or shareholding exists in a...

ACI 3I0-012 Question Answer

Where there are shared management responsibilities or where an investment or shareholding exists in a broker by a counterparty:

the broker is not obligated to reveal any material connections provided Chinese Walls are in place.

the broker is not required to reveal any connections at all.

the broker is legally obliged to advise his clients of any material connections that exist.

is a matter which is not covered by the Model Code.

3I0-012 PDF/Engine

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