Show rMon Money I AT WORK Brief B But t Important Lessons in Finance Markets Stocks Bonds and Investments 5 I F g ARBITER ci OF S THE STOCK EXCHANGE S What are some ome of the duties duties' of ofa a it broker in regard to his hi's acts for foi for h his is customers customer A broker must always act in good faith toward hi his customers If a customer has any doubt as to whether or not good faith was exercised cx- cx er r he may check up on his broker through the secretary of the stock exchange and find out whether the broker has been buying buying buying buy buy- ing and selling at the prices given to him by his customer 1 Furthermore a broker may not in execution of an order buy his customers customer's stock himself or sell his own stock to his customer unless unless tin tin- un un- less he disclose this fact tact to the customer an anti and obtains his consent Whenever a a. broker executes a customers customer's customers customer's custOmer cus cus- cus- cus tOmer tomer's order h he must notify the customer promptly i In general the law of agency can be applied to dealings between customer and broker the customer being being- the undisclosed principal usually and the broker acting as the agent Copyright 1924 Associated Editors Editors Editors Edi Edi- tors Inc |