a municipal securities dealer may consider all of the following in determining a fair and reasonable price for a municipal security, except: A. The best judgment of the dealer as to the value of the securities B. these security's liquidity C. whether the issuer employs a municipal advisor affiliated with the dealer D. the fact that the dealer is entitled to a profit in this transaction

Answer rating: 100% (QA)

Thats right A municipal securities dealer cannot consider whether the issuer employs a municipal adv... View the full answer