10 free Series 26 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
Series 26 Practice Test 6Tutor mode
Question 1 of 10
Supervises Associated Persons and Oversees Sales Practices
A registered principal at Northbrook Securities reviews a rep's recommendation that a 58-year-old retail customer roll her 401(k) balance into an IRA invested in Class A fund shares. The file documents her goals and risk tolerance but has no comparison of the plan's fees and investment options with those of the IRA. Under Regulation Best Interest, which obligation is most directly unmet?