<section><h2>Series 7 Study Guide Lesson 28 - MSRB Rules</h2><p><p>Additional information may be found on<b> <a class="accent-link link" href="http://www.series7podcast.com" target="_blank"><span data-auto-link="true" data-href="http://www.series7podcast.com">www.series7podcast.com</span></a></b> and the audio series is available for purchase <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">here</a></b>.</p></p></section><section><h2>Research reports, recommendations, and trades involving municipal securities are reviewed by a ___.</h2><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is a task of a municipal securities representative?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>The municipal securities representative should have passed the ___.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following disqualifies someone from taking the municipal bond exams?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following can a municipal bond representative do?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>You may not make any recommendations to a client if the client has not given enough information for you to determine suitability of investment.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>You can take unsolicited trades even if you don't have any information on suitability.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>You can make a municipal bond transaction while the official statement is still in process.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is required according to the MSRB rules?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is prohibited according to the MSRB rules?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is true about discretionary trades?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is allowed according to the MSRB rules?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>A municipal dealer could not have made a political contribution to officials involved in municipal bonds within a two-year period.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is true about quotes?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>It is a quote that just gives the most basic information about a bond.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>They are big professional trading firms that execute transactions on an agency basis and keep their customer’s identity secret.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>For agency trades, which of the following are factors considered in identifying what the fair price of a municipal security is?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>The MSRB anti-reciprocal rule prohibits municipal bond brokers from ___.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Which of the following is true about advertising?</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h3>Firms can put out an advertisement on municipal bonds that they don’t own.</h3><p><p>Covered in Series 7 Study Guide <b><a class="accent-link link" href="https://gumroad.com/l/yuWq#" target="_blank">Lesson 28 - MSRB Rules </a></b></p></p></section><section><h2></h2></section><section><h3></h3></section>