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CIRO Daily Challenge — April 18, 2026 | EnCiro | EnCiro

Daily Challenge/April 18, 2026

🔥 Daily ChallengeCIREProspective client relationshipsMedium

Regarding account percentage return information, what must a Dealer Member disclose to a retail client at the time of account opening?

2 attempts · 0% correct

A historical table of the firm's average percentage returns for all managed accounts

The exact mathematical formula used to calculate the money-weighted rate of return

A notice that percentage returns are mandatory on every monthly statement

A statement of whether providing account percentage return information is an option available to the clientCorrect

Why

IDPC Rule 3216(5)(e)(III) requires firms to explicitly disclose whether percentage return information is an available option for the client.

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