Unit 14: Types of Rick & Required Disclosures Flashcards
1
Q
Penny stock risk disclosure document
A
provided to customer before stock trade, returned signed and dated
2
Q
Prior to penny stock solicited trade, customer must sign
A
signed suitability statement
3
Q
Establish customer for penny stocks
A
3 trades on 3 different days
or customer for 1 year
4
Q
Firm my put a temporry hold of _____ days for a 65+ customer
A
15
