SIE Exam Question 77: Answer and Explanation

Question: 77

Correspondence means any written communication that is distributed to _____ or fewer retail investors within any ______-day period.

• A. 10 or fewer investors within any 10-day period
• B. 15 or fewer investors within any 20-day period
• C. 25 or fewer investors within any 30-day period
• D. 30 or fewer investors within any 25-day period

Correct Answer: C

Explanation:

Correspondence means any written communication (including electronic) that is distributed to 25 or fewer retail investors within any 30-day period.