Finra
Which of the following would be considered "selling away" in violation of FINRA rules?
Selling away = private securities transactions without proper firm notification.
Complete Analysis & Legal Rationale
"Selling away" refers to an RR participating in private securities transactions outside their firm without proper written notification. This violates FINRA Rule 3280, which requires prior written notice to the member firm.
Distractor Autopsy (Why Other Options Are Traps)
FINRA exam writers design incorrect distractors using specific calculation mistakes and regulatory misconceptions. Review why each option succeeds or fails:
Normal channel sales through the firm are not selling away.
Matches the verified teaching point in the explanation.
Recommending approved products is standard practice.
Executing trades on behalf of clients is normal RR activity.
Official Standard: Primary source referenced in the explanation (FINRA Rule 3280). Verify before launch.