Series 7 practice questionmediumCold Calling Rules and Telemarketing — Identifying the Caller
When making a telemarketing call to a prospective client, which information must a registered representative provide at the beginning of the call?
- AOnly the caller’s first name and the firm’s name
- BThe caller’s full name and the purpose of the call only
- COnly the firm’s name and a callback number
- DThe caller’s full name, the firm’s name, and the purpose of the call✓ Correct answer
Explanation
Why D — The caller’s full name, the firm’s name, and the purpose of the call
Regulations require the caller to immediately state their name, the firm’s name, and the purpose of the call at the outset.
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