North Dakota Century Code Title 6. Banks and Banking § 6-05.2-01. Policies and procedures on brokerage placement practices

1. The selection of persons to effect securities transactions and the evaluation of the reasonableness of any brokerage commissions paid to such persons.

2. The acquisition of any services or products, including research services, in return for brokerage commissions.

3. The allocation of research or other services among accounts, including those which did not generate commissions to pay for the research or other services.

4. The need, in appropriate instances, to make disclosures concerning the policies and procedures to prospective and existing customers.