Series 7 practice questionmediumCommunications with the Public (Retail and Institutional) — Sharing Communications
A registered representative receives a pre-approved retail communication from the home office and wants to forward it to clients with added personal comments. What is required before sending?
- ANo further approval is needed since the original was approved
- BPrincipal must approve the revised version with comments✓ Correct answer
- CThe representative must file the version with FINRA
- DApproval is only needed if comments change the investment recommendation
Explanation
Why B — Principal must approve the revised version with comments
Any changes or personalizations to an approved communication require new principal approval before being distributed to clients.
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