Open Exam Prep

Series 7 Exam Prep 3, Broker-Dealer Business and Customer Solicitation

June 10, 2026·3 min
Episode Description from the Publisher

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The critical difference between correspondence, retail, and institutional communications based on the "25 retail investor" rule. - Why retail communications require pre-approval by a principal while correspondence and institutional communications do not. - The strict prohibition on projecting future investment performance in any client-facing material. - Key disclosure requirements for using testimonials in advertisements, a common exam trap. - How supervision rules apply to various marketing efforts like public seminars and product-specific ads. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of Open Exam Prep and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.