Series 79 practice questionmediumResearch Analyst Conflicts
Which of the following must be observed by a research analyst during the quiet period following a public offering?
- AThe analyst may not publish research reports or make public appearances regarding the issuer✓ Correct answer
- BThe analyst may provide oral recommendations only to institutional clients
- CThe analyst may attend issuer management meetings with clients
- DThe analyst may initiate coverage within two days of the offering closing
Explanation
Why A — The analyst may not publish research reports or make public appearances regarding the issuer
During the quiet period, analysts are restricted from public commentary to prevent conflicts. The trap is believing limited or oral recommendations are permissible, which they are not.
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