Ace the RIBO Act Info Challenge 2025 – Master the Rules and Boost Your Career!

Question: 1 / 400

According to the code of conduct, how should brokers handle confidentiality?

Keep it only for personal gain

Keep it as required by law and authorized by clients

Brokers are expected to handle confidentiality in a manner that aligns with legal requirements and the permissions granted by clients. This approach ensures that sensitive information is protected and only disclosed when it is legally permissible or with explicit consent from the client. Maintaining confidentiality is crucial in establishing trust and integrity in the broker-client relationship, and it is a fundamental principle established in the code of conduct.

This option emphasizes the importance of respecting clients' privacy and adhering to regulations, which safeguard both parties involved in a transaction. It recognizes the ethical obligation of brokers to act in their clients' best interests while complying with relevant legal standards.

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Disregard it in negotiations

Share it freely with third parties

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