Series 6: 1.3.1.3. Communications That Include A Recommendation

1.3.1.3.  Communications that Include a Recommendation

Any retail communications that contain recommendations must disclose certain conflicts of interest. Specifically, the communication must disclose:

• • Whether the firm makes a market in the recommended security (including the underlying security of an option)
• • Whether the firm was a manager or co-manager on an offering of any securities by the issuer of the recommended security
• • Whether the firm or any associated person who is responsible for the content has a financial interest in any of the securities of the issu