Question
A client receives a $150 gift card from a broker-dealer for giving a testimonial about her highly positive experience with her registered representative. What is
A client receives a $150 gift card from a broker-dealer for giving a testimonial about her highly positive experience with her registered representative. What is the broker-dealer NOT required to disclose if the testimonial is used in a retail communication?
A The fact that the testimonial may not be representative of the experience of other customers
B The fact that the maker of the testimonial was paid
C Whether any guarantee of growth was made by the representative to induce the giving of the testimonial
D The fact that the testimonial is no guarantee of future performance or success
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