SII question

[richieboy3008]

Taken from one to the practise exams I'm doing at the moment:

A client calls up his broker wanting to sell his large holding of 'ABC' shares. The broker knows that ABC is a client of the firm and is just about to announce a takeover bid for another firm. What should the broker do?

A Delay the execution until after an announcement has been made
B Execute the order as normal regardless of what he knows
C Tell the compliance department that there has been a breach of the firm's Chinese walls.
D Refuse the business because of the corporate activity

[richieboy3008]

IL_JDM said:

Do you actually know the answer and are testing the PH people?

I would have thought D

Edited by IL_JDM on Wednesday 23 September 13:34

I'll know the answer once I've finished, just want to see what people think, this question has had me stumped.

[AndyAudi]

Not an educated guess but B&C?