SIE practice questionmediumPrincipal Approval
What is the general rule regarding principal approval of correspondence?
- ACorrespondence must be supervised but may not require pre-approval✓ Correct answer
- BAll correspondence requires pre-approval by a principal
- CCorrespondence only requires approval if sent to more than 25 retail investors
- DAll correspondence must be filed with FINRA
Explanation
Why A — Correspondence must be supervised but may not require pre-approval
Correspondence is subject to firm supervision and review, but pre-approval is not always required unless the firm’s policies require it.
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