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SIE: Account Types
SIE practice questionmediumRetail vs Institutional

What distinguishes institutional communication from retail communication?

  1. AIt must always be filed with FINRA
  2. BIt’s available to the general public
  3. CIt must be approved by a branch manager
  4. DIt is directed only to institutional investors✓ Correct answer
Explanation

Why DIt is directed only to institutional investors

Institutional communication is directed only to institutional investors, not retail clients.

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