Series 7 practice questioneasyMarketing and Prospecting — Retail Communication
Which of the following is considered retail communication under FINRA rules?
- AA letter sent to 20 existing clients
- BAn email sent to more than 25 prospective retail investors within a 30-day period✓ Correct answer
- CInternal firm memo
- DCommunication with a single institutional investor
Explanation
Why B — An email sent to more than 25 prospective retail investors within a 30-day period
Retail communication includes any written or electronic communication distributed to more than 25 retail investors within a 30-day period.
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