It Is Now Permissible in Most Markets for Brokers to Be

Multiple Choice

It is now permissible in most markets for brokers to be owned by banks and other principals. Where there is shared management, or a share holding or other investment in a broker by a counterparty:

A) The broker is not obligated to reveal the connection provided Chinese Walls are in place.
B) The broker is not obligated to reveal the connection in the professional market.
C) The broker should advise the other counterparty of the connection.
D) The matter is covered in the Model Code.