Exercise
Answer True or False
- 1. True or false. Broker-dealers are permitted to use customer testimonials in their advertisements.
- 2. True or false. Investment adviser representatives can never use references or past recommendations as part of their advertising efforts.
- 3. True or false. Graphs and charts are prohibited from advertisements for investment advisers and investment adviser representatives.
- 4. True or false. Broker-dealers operating within a bank setting should always offer their services in an area distinct from where regular banking activity takes place.
- 5. True or false. As long as an agent selling shares of a mutual fund delivers a final prospectus before a given sales date, full disclosure has been provided.
Answers
- 1. True. Broker-dealers may use
