Series 7 practice questionmediumSeminars and Public Appearances — Disclosures
A registered representative is hosting a seminar about retirement planning. Which disclosure is required if she recommends products her firm underwrites?
- AShe must file the seminar outline with FINRA.
- BShe must provide the prospectus to all attendees.
- CShe must disclose her compensation structure in detail.
- DShe must disclose the firm's role as underwriter for the recommended products.✓ Correct answer
Explanation
Why D — She must disclose the firm's role as underwriter for the recommended products.
FINRA requires representatives to disclose any conflicts of interest, including if their firm is the underwriter of recommended products.
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