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Session 1 - Question of 110 An agent of a broker-dealer with substantial experience trading options holds seminars at which the agent discusses options trading

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Session 1 - Question of 110 An agent of a broker-dealer with substantial experience trading options holds seminars at which the agent discusses options trading and to seminar attendees charts that the agent says represents the results of the agent's options trading over the past 4 years. Hefurring to the chan the agent says that customers can expect to earn at least 15% per year. Under the NASAA Statement of Policy on Dishonest and Unite Practices of Broker Dealers and Agents, which of the following statements accurately describes this situation? If the trading information in the agent's chart is accurate, there are no prohibitions against the agent's use of the chart or te genie's statements Agents are prohibited from having seminars at which options trading is explained to people who are not already customers of the agent The manner in which the charts and statements are used is a form of guaranteeing customers against loss Performance charts distributed to prospective customers must list results for periods of 1, 5, and 10 years. Session 1 - Question of 110 An agent of a broker-dealer with substantial experience trading options holds seminars at which the agent discusses options trading and to seminar attendees charts that the agent says represents the results of the agent's options trading over the past 4 years. Hefurring to the chan the agent says that customers can expect to earn at least 15% per year. Under the NASAA Statement of Policy on Dishonest and Unite Practices of Broker Dealers and Agents, which of the following statements accurately describes this situation? If the trading information in the agent's chart is accurate, there are no prohibitions against the agent's use of the chart or te genie's statements Agents are prohibited from having seminars at which options trading is explained to people who are not already customers of the agent The manner in which the charts and statements are used is a form of guaranteeing customers against loss Performance charts distributed to prospective customers must list results for periods of 1, 5, and 10 years

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