Other disclosures can also must be manufactured (Even though they’re not required to be distinguished), including:
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If an IAR intends to employ testimonies or endorsements, it’s essential for her to review her firm’s procedures. In all circumstances, the IAR needs to have a reasonable foundation for believing the testimonial or endorsement complies Using the SEC rule.
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Recommendations For a few years, the usage of testimonials and endorsements had been prohibited in financial investment adviser promotion. However, in 2021, the SEC revised its marketing procedures to allow the use of testimonies and endorsements, but provided that specific circumstances are met.