SIE Exam Question 156: Answer and Explanation

Question: 156

Which of the following is true regarding recommendations?

• A. Must have a reasonable basis
• B. The market price at the time of the recommendation must be shown
• C. Supporting information should be provided or offered
• D. All of the above

Correct Answer: D

Explanation:

When making recommendations, there must be a reasonable basis, the market price at the time of the recommendation must be shown, and supporting information should be provided or offered.