SIE practice questionmediumFINRA Rules - Communications
FINRA rules require all retail communications to be approved by whom prior to first use?
- AThe SEC
- BFINRA directly
- CA principal of the broker-dealer✓ Correct answer
- DA registered representative
Explanation
Why C — A principal of the broker-dealer
A designated principal at a broker-dealer must approve most retail communications. FINRA and the SEC review communications only in specific cases, not all. Registered reps cannot approve.
Turn it into reps
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