Regulations第 58 / 110 题
A representative emails an identical market update to 18 individual retail clients in one month. This communication is categorized as:
a.A retail communication requiring pre-use principal approval
b.An institutional communication exempt from review
c.An advertisement requiring filing with FINRA
d.Correspondence, subject to supervision and review procedures
解析
Because the message reaches 25 or fewer retail investors within 30 days, it is correspondence, which firms must supervise and review under their written procedures but need not approve before use. Crossing the 25-recipient line would convert it into a retail communication. Retail clients are not institutional investors, and correspondence is not filed with FINRA.
法律依据: FINRA Rule 2210 (Communications with the Public)免费刷完整 110 道题库 — 无需注册。
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