SIE practice questionmediumUse of Testimonials
If a retail communication includes a testimonial, what must be disclosed?
- AWhether the individual was compensated✓ Correct answer
- BThe individual's home address
- CNothing, testimonials require no disclosure
- DThe individual's investment account number
Explanation
Why A — Whether the individual was compensated
Disclosure is required if the individual giving the testimonial was compensated.
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