Communications and Advertising Standards

Free FINRA Series 7 (General Securities Representative) lesson in Seeking Business for the Broker-Dealer. 22 min read, ~3,253 words.

25 retail investors in 30 days is the dividing line, at or below is correspondence, above is retail communication. Retail communications require principal pre-approval before first use; correspondence needs supervision but no pre-approval. Institutional communications go only to institutional investors, no pre-approval, but firms must maintain written supervisory procedures. New...

What this lesson covers

• Content
• Example 1
• Example 2
• Common Mistakes
• Check Your Understanding
• Exam Shortcuts

Learning objectives

• A1

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