Series 7 practice questionmediumMarketing and Prospecting — Advertising Approval
A broker-dealer creates a new marketing brochure describing its services. Before distributing the brochure to retail investors, what is required?
- APrincipal approval✓ Correct answer
- BFINRA pre-approval
- CFiling with the SEC
- DState securities administrator approval
Explanation
Why A — Principal approval
Retail communications, such as marketing brochures, must be approved by a registered principal of the firm before use.
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