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Grant is a Dealing Representative with WealthPlus Securities Inc.

Grant is a Dealing Representative with WealthPlus Securities Inc. Grant becomes a volunteer member of his local arena's Hockey Association and is appointed as the Association's new Treasurer. Which of the

following statements about Grant's appointment as Treasurer is CORRECT?

A.

If Grant is not compensated for the Treasurer position, his firm's approval is not required.

B.

Grant must obtain the firm's approval before he starts the Treasurer position.

C.

Since Grant holds the Treasurer position on a voluntary basis, it is not an outside activity.

D.

Grant must disclose the Treasurer position to his firm once he has accepted the position.

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  • Product: IFC
  • Update on: Jul 193, 2025
  • Questions: 324
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