Series 7 Exam Retail Communications, SIE Exam, Series 6 Exam, Series 10 Exam & 24 Exam too!

Verbal errata: Retail Communication is more than 25 and Correspondence is 25 or less.
AML • SIE Exam Prep AML. Se...
Time stamps:
00:00 Intro
1:05 Correspondence is to 25 or fewer in a thirty-day period.
2:04 Can be approved pre or post distribution by a principal
2:22 Retail communication (AKA sales literature) to more than 25 in a thirty-day period
3:44 Must be approved pre distribution
4:12 Written Supervisory Procedures (WSPs)
5:10 Overview of type of communication and approval
5:53 Filing with FINRA. Pre file if first year firm
6:23 Within 10 days of first use if established firm
6:36 Retail communication is a three-year record
7:12 CMO retail communication must prefile
9:02 Options must be prefile
10:55 Mutual funds
11:42 WSPs contain firm's policy on social media
12:09 Static content is retail communication and must be approved pre-distribution
12:17 Interactive content must be supervised
13:31 Entanglement
14:05 Variable life
14:54 12% max in illustration with a zero-return included
15:26 Public appearances are interactive and must be supervised
15:58 Slides and scripts are retail communication must be approved predistribution
16:06 Research reports
16:54 Broker/dealer recruitment ad can be blind
17:25 Broker/dealer testimonials

[@Series7Guru]

AML ua-cam.com/video/LbFd5Giomi4/v-deo.html

[@criscurtean]

Thanks for this carve out Dean. The textbook explanations should go into the ERISA category if you know what I mean. Retail communications is heavy on my series 6 practice exams, especially the little detailed ones like the VL disclosures came up. I made flashcards and feel much more prepared.

[@Series7Guru]

Make sure you know the rules for hypothetical illustrations in variable life

[@wendyandlisa]

This lecture has been INVALUABLE in helping me get the (easily forgettable or confusable) communications rules straight in my head!! THANK YOU!!!!

[@Series7Guru]

De nada

[@alexmills84]

Hi Dean just want to say you have helped increase my confidence in my 24 study. reading the book is just never the same as having an experienced person be able to explain the finer points. I appreciate everything you're doing for us 24 candidates

[@Series7Guru]

Glad you find it helpful

[@adjeleya1787]

Very worthwhile as always. Always help me summarize what I have read and understand better. Thank you. I am retesting in a week. I wish I had gone through all your materials before testing the first time. Thanks for all you do.

[@aarondelacruz6999]

This is the lecture I have been waiting for

[@Series7Guru]

Glad you found it helpful.

[@tyrellpatterson]

These carve outs have been very helpful to reinforce my understanding. Thank you Dean

[@Series7Guru]

Glad you found them helpful

[@tyrellpatterson]

@@Series7Guru I even made a joke that helped me understand the “Call Up, Put Down… you ready for it?
How does someone know they have intrinsic value after the first date? If they get a Call for a second date. 🫢 😂😂😂😂

[@Series7Guru]

@@tyrellpatterson might have to steal that one. Lol

[@JaykUS354]

Thanks, Dean! 20min well spent 💪🏼

[@Series7Guru]

Glad you found it helpful.

[@njperuviankid]

thank you Dean, preparing for s7

[@Series7Guru]

De nada

[@Wai755]

I seen “public appearance”, will this ever be a choice or there is only three types of communication ? If the registered rep went to a radio station or Tv show to talk about investment is that still consider as retail communication? Thanks!!!

[@Series7Guru]

You will not see public appearance on a FINRA exam unless it is a 9/10 or 24.

[@xMiggg]

Great content!!

[@Series7Guru]

Thanks.

[@jennabeekman7582]

For retail communications concerning derivatives, is the filing requirement within 10 days or full 10 days prior to first use?

[@Series7Guru]

Derivatives are 10 days prior to first use

[@jennabeekman7582]

Thank you!

[@Series7Guru]

@@jennabeekman7582 de nada

[@agentalbert]

@@Series7Guru Thank you, that was my question as well. I think that slide you can see at the 8:30 mark may need updated to indicate "prior to first use" instead of just "within 10 business days.".