Question

A registered representative wishes to give a speech to a group of 35 potential retail clients at a restaurant. The speech is scripted and is a general discussion about investing in securities. Which statement is TRUE? A. Registered representatives are prohibited from making speeches at locations other than the representative's branch office B. A registered principal must be in attendance when the speech is given C. Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction D. A copy of the speech script must be filed with the SEC at least 10 business days prior to the date the speech is to be given

Answer 1

Registered representatives must obtain prior principal approval and retain a copy of the speech in their firm's Office of Supervisory Jurisdiction.

Step-by-step explanation:

C. Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction.

When giving a speech to potential retail clients, a registered representative must obtain prior principal approval and retain a copy of the speech in their firm's Office of Supervisory Jurisdiction (OSJ). This requirement ensures that the speech adheres to regulatory guidelines and the firm's standards.

Learn more about Speech regulations for registered representatives