Ridiculous Ethics question, please explain standards, question, anything

Makavelim3

From Practice Exam III, VOL 2 Morning Q. 11
What is the code of compliance for being a market maker in a stock and helping with a secondary offering? Where in the standards does it say anything about this? What is with the five day rule? I’ve spent hours on ethics and have never come across a scenario like this…

iteracom

From what I understand, there is no five day rule - you are not supposed to signal anything about having inside info on preparation to do an offering - a signal includes stoping market making activities. Hence, the proper course of action is to follow a passive market making approach.

mik82

pvalka Wrote:
——————————————————-
> From Practice Exam III, VOL 2 Morning Q. 11
>
> What is the code of compliance for being a market
> maker in a stock and helping with a secondary
> offering? Where in the standards does it say
> anything about this? What is with the five day
> rule? I’ve spent hours on ethics and have never
> come across a scenario like this…
post question please.

AndyNZ

no 5 day rule, market maker needs to take contra side of unsolicited client trades