Under which of the following conditions may a registered representative of a firm that is an underwriter of a new offering of common stock send to a client a copy of the firm's research report on that stock?
A)if it is accompanied by a red herring
B)if he has permission of his employer
C)if his firm is not the managing underwriter
D)under no circumstances

Question

Quizplus · Accepted Answer

under no circumstances. The representative may send the red herring but not a research report of his firm.

Under Which of the Following Conditions May a Registered Representative