SIE practice questionmediumUse of Performance Data
Which of the following is TRUE about using performance data in retail communications?
- APerformance data must reflect all applicable fees and expenses✓ Correct answer
- BPerformance data can exclude certain fees
- COnly gross returns need to be shown
- DPast performance can guarantee future results
Explanation
Why A — Performance data must reflect all applicable fees and expenses
All applicable fees and expenses must be reflected when presenting performance data.
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