Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode

If a registered representative wants to send an independently prepared report (IPR) to a prospect. Which guideline must be followed?

The representative may alter the contents of the IPR to make it more appealing to the prospect.
The IPR does not require principal preapproval.
The IPR's publisher must not be an affiliate of the registered representative.
The IPR is not exempted from FINRA filing requirements.

Explanations

An article reprint qualifies as an IPR only if the publisher is not an affiliate of the member using the reprint.