Series 7 practice questionmediumSeminars and Public Appearances — Pre-approval Requirements
A representative is invited to speak at a local chamber of commerce event. She intends to answer questions about market trends but will not discuss specific products. What is required before her appearance?
- ASubmit the script to FINRA for approval.
- BNo pre-approval is required, but the appearance must be supervised and reviewed.✓ Correct answer
- CFile the appearance with the SEC.
- DObtain written pre-approval from a principal.
Explanation
Why B — No pre-approval is required, but the appearance must be supervised and reviewed.
Unscripted public appearances that do not discuss specific products do not require principal pre-approval but must be supervised and subject to post-appearance review.
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