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Business, 01.06.2021 23:30 hdjsjfjruejchhehd

John Jones has both a cash account and an IRA account at your firm. Mr. Jones calls and asks that 2,000 shares of DEF stock be purchased at the market in his IRA account. The trade is executed, however the transaction was recorded in Mr. Jones' cash account. The proper procedure to correct this is to: A enter a sell order in Mr. Jones' cash account for 2,000 shares of DEF at the market and simultaneously enter a buy order for the same amount in Mr. Jones' IRA account B obtain written permission from the trustee of the IRA account to transfer the 2,000 shares of DEF from the cash account to the IRA account C create a written record canceling the transaction from the cash account and rebilling the transaction to the IRA account, approved by the branch manager D obtain written permission from the customer to transfer the DEF stock position from the cash account to the IRA account

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John Jones has both a cash account and an IRA account at your firm. Mr. Jones calls and asks that 2,...

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