Series 26: Exercise

Exercise

Answer True or False

1. 1. True or false. Testimonials can be paid.
2. 2. True or false. Testimonials must contain a disclosure that says that the testimonial may not be representative of others’ experiences.
3. 3. True or false. Testimonials may discuss technical aspects of investing even if the person does not have expertise in the area, as long as they disclose that they do not have this expertise.
4. 4. True or false. Testimonials must contain disclosures that say that the testimonial is no guarantee of future performance.
5. 5. True or false. No information in the communication can be put in a footnote.
6. 6. True or false. All retail communications must prominently display the name of the member firm.
7. 7. True or false. Communications must refer to income as tax-free if it refers to taxes that are deferred.
8. 8. True or false. Communications that include recommendations must