Chartered Investment Manager (CIM) Practice Exam · Question
Best execution duty requires:
CIRO rule. The correct answer is "Reasonable steps to obtain best price". This reflects the accepted standard for the cim assessment and aligns with the officia
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Question: Best execution duty requires:
Answer options: ✅ Reasonable steps to obtain best price
- Highest commission
- Slowest fill
- Specific venue
Correct answer: Reasonable steps to obtain best price
Explanation: CIRO rule. The correct answer is "Reasonable steps to obtain best price". This reflects the accepted standard for the cim assessment and aligns with the official handbook for this competency.
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