SIE practice questionmediumRetail vs Institutional
What distinguishes institutional communication from retail communication?
- AIt must always be filed with FINRA
- BIt’s available to the general public
- CIt must be approved by a branch manager
- DIt is directed only to institutional investors✓ Correct answer
Explanation
Why D — It is directed only to institutional investors
Institutional communication is directed only to institutional investors, not retail clients.
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