Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode

If a registered representative who has moved to a new firm has orally contacted a former customer to convince them to move to the new firm, when must the educational communication that includes important considerations in deciding whether to transfer assets be provided to the customer?

Within three business days after contact
A
Within five business days after contact
B
Within ten business days after contact
C
Within 30 days of contact
D

Explanations

When orally contacting former customers to try to convince them to move to the registered representative's new firm, the representative must send the educational materials to the customer within three business days of the contact.