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SIE: Communications & Sales Practices
SIE practice questionhardUse of Rankings

When using investment company rankings in retail communications, which of the following is required?

  1. ANo disclosures, as rankings are public
  2. BStatement that rankings are subjective
  3. CDisclosure of the ranking entity and the criteria used✓ Correct answer
  4. DOnly the rank position is necessary
Explanation

Why CDisclosure of the ranking entity and the criteria used

Rankings must clearly disclose the source and criteria to avoid misleading customers.

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