Document Type

Article

Publication Date

1971

Abstract

The published rules of both the National Association of Securities Dealers (NASD) and the Securities and Exchange Commission (SEC) provide that a broker or dealer in the securities market may recommend the purchase of a security only when there is a reasonable basis for believing that the security is "suitable" for the customer.

Publication Citation

80 Yale L.J. 1604-1635

Included in

Tax Law Commons

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