SIE practice questionmediumUse of Testimonials
Which of the following is always required when using a testimonial in retail communications?
- AThe individual's age
- BThe individual's investment history
- CDisclosure of any compensation paid✓ Correct answer
- DThe individual's employment history
Explanation
Why C — Disclosure of any compensation paid
FINRA requires disclosure if the person giving a testimonial was compensated.
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