Question

A registered representative presents a seminar to a group of 35 prospective retail investors about investing in mutual funds. At the seminar, he makes recommendations of various funds, based on their objectives and performance. The seminar is defined by FINRA as:StatusA A. correspondenceStatusB B. an internal memorandumStatusC C. advertisingStatusD D. sales literature

Answer 1

"D"

Step-by-step explanation:

Sales literature is a marketing approach strategy where apart from advertisements , a marketer uses collection of different materials like brochure , specification sheets ,price lists in enlightening customers towards making buying decision

Under the FINRA rule 2210, it must be delivered to more than 25 prospective clients.

Where it is providing testimonial concerning certain investment performance,it must disclosed that

• the testimonials do no belong to others
• it is no guarantee of future performance
• if more than a nominal sum is paid and the fact that it is a paid testimonial