Ethics CFAI problem # 50 understand, principal, problem, trade

chetan86

Vol. 1 page # 129 problem # 50
I do not understand the risk less principal trade- net basis -table on page 126

Howd

thanks for the support.

Roflnadal

i don’t think this is something you need to learn for the exam specifically, it is just highlighting the point that different treatment of retail and institutional clients is allowed.
I had the same issue with this question first time round.