SIE practice questionhardFiling Requirements
A broker-dealer creates a retail communication for a new mutual fund with a self-created ranking. When must it be filed with FINRA?
- AOnly upon request
- BAfter 30 days of use
- CAt least 10 business days prior to first use✓ Correct answer
- DNo filing is necessary
Explanation
Why C — At least 10 business days prior to first use
Retail communications with self-created rankings must be filed with FINRA at least 10 business days prior to use.
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