SIE practice questionhardUse of Rankings
When using investment company rankings in retail communications, which of the following is required?
- ANo disclosures, as rankings are public
- BStatement that rankings are subjective
- CDisclosure of the ranking entity and the criteria used✓ Correct answer
- DOnly the rank position is necessary
Explanation
Why C — Disclosure of the ranking entity and the criteria used
Rankings must clearly disclose the source and criteria to avoid misleading customers.
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