What is the typical timeline for returning trade confirmations to customers?

• A. Weeks after the trade
• B. Only upon request
• C. Promptly after trades, in a timely and accessible manner
• D. Never

Answer: (C)

The central idea here is that trade confirmations must be provided to customers promptly after a trade, in a manner that is timely and accessible. This requirement exists to give investors a reliable written record of the transaction right away, so they can verify key details such as price, size, counterparties, and settlement terms without delay. Delivering confirmations promptly helps catch errors early and supports transparency, reducing the chance of disputes later on. In practice, firms aim to send confirmations the same day or by the next business day, using methods the customer can easily access. Delaying for weeks, or only providing them on request, undermines investor protection and defeats the purpose of having a documented record.