SIE practice questioneasyContent Standards
Which of the following statements about customer communications is TRUE?
- ACommunications must be fair and balanced✓ Correct answer
- BCommunications may omit material facts
- CPerformance guarantees are allowed with disclosure
- DCommunications may use exaggerated claims
Explanation
Why A — Communications must be fair and balanced
FINRA rules require that communications with customers be fair and balanced and not omit material facts.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Communications & Sales Practices questions
- Which communication practice is generally PROHIBITED by FINRA?
- Where does the information displayed on FINRA BrokerCheck originate?
- Which of the following is considered a public appearance under FINRA rules?
- A registered representative provides written notice of an outside business activity to her firm. The firm does not…
- Which of the following best describes the requirement for balance in customer communications?
- A registered representative serves on the board of directors of a local nonprofit. Under FINRA Rule 3270, which…
- Which of the following is a key principle for all retail communications?
- Which of the following disclosures would appear on a registered representative's BrokerCheck report?