CmaBylaw
Executive Bylaws
5-3 Of Module Eight: Conduct of Business
Section: Chapter Five: Best Execution of Client Orders
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Sunday, 12 February 2017
If a Licensed Person executes an order on behalf of a Retail Client, the best possible result must be determined in terms of the total consideration, representing the price of the Security and the costs related to execution, including expenses, fees, and commissions.
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