An Approved Person updates a client's risk tolerance from 'Medium' to 'High' following a telephone conversation. If a client signature is not immediately obtained, which of the following is a mandatory step in the documentation process?

Question

Accepted Answer

Rule 200 allows material changes without a signature if the advisor keeps notes and sends a written confirmation that allows the client to verify and correct the information.

An Approved Person updates a client's risk tolerance from 'Medium' to 'High' following a telephone conversation. If a client signature is not immediately obtained, which of the following is a mandatory step in the documentation process?

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