Series 53: Advertisements Exempt From Disclosure Requirements

Taken from our Series 53 Online Guide

Advertisements Exempt from Disclosure Requirements

Some advertisements for municipal fund securities do not need to include disclosure statements. Generic advertisements are one. These do not refer by name to any specific investment portfolio offered by an issuer of municipal fund securities. Generic advertisements are limited to explanatory information relating to municipal fund securities in general. They may include the name and address of the dealer sponsoring the advertisement.

Blind advertisements are another. A blind advertis

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