Security Exam Chapter 15

All documents are to be maintained readily accessible for the first (a)   years.

Customer account information must be updated every (a)   months.

(a)   is any communication sent to 25 or fewer prospective retail customers within a 30-calendar-day period.

Under the communication rules, group email sent to more than 25 retail investors is considered (a)   .

True or False: Under Regulation SP, requiring a client to write a letter to opt-out of information sharing is allowed.

• True

• False

_{True or False: On request, institutional communication may be provided to a retail client.}

• True

• False. Institutional communication may never be provided to a retail investor.

If a firm acts in an agency capacity, the (a)   must be disclosed on a confirmation.

True or False: An RR may send a confirmation for a trade he believes will occur soon.

• True

• False. Trade confirmations may only reflect actual transactions.

True or False: A business continuity plan must address how a firm will communicate with its clients and employees.

• True

• False

RRs who make recommendations that require continued purchases must consider their client's (a)   .