Series 28: Exercise

Exercise

Answer true or false

1. 1. True or false. Typically, email correspondence does not need to be approved by a principal prior to first use.
2. 2. True or false. Typically, a market letter that goes out to 100 retail clients would need to be approved by a principal prior to first use.
3. 3. True or false. Typically, a market letter that goes out to 1,000 institutional clients would need to be approved by a principal prior to first use.
4. 4. True or false. Principal approval is not required of a retail communication that is posted on an electronic forum and does not recommend a product.
5. 5. True or false. A principal must review all internal communications and written correspondence for their content.

Answers

1. 1. True. Any written letter or email message that is distributed to fewer than 25 retail customers withi