SIE practice questionmediumUse of Hypothetical Illustrations
If a retail communication uses hypothetical illustrations, what must be included?
- ANo disclosures are required
- BA guarantee of performance
- CClear disclosure that the illustration is hypothetical✓ Correct answer
- DOnly positive outcomes
Explanation
Why C — Clear disclosure that the illustration is hypothetical
Hypothetical illustrations must be clearly labeled as such and not misleading.
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