Which One of the Following Is NOT the Rule of National

Multiple Choice

Which one of the following is NOT the rule of National Association of Securities Dealers (NASD) ?

A) All correspondence and all transactions must be reviewed and approved by the firm and maintained for three years.
B) Disciplinary actions regarding employees must be reported to NASD.
C) Firms do not need to maintain fidelity bond to protect against losses due to theft or misappropriation of securities
D) None of these.