Document Review

Instructions

When reviewing a financial document:

1. Classify the document — Determine document type (prospectus, ADV, customer agreement, marketing material, etc.)
2. Identify applicable rules — Map to FINRA 2210 (communications), SEC disclosure requirements, etc.
3. Check required elements — Verify all required disclosures, disclaimers, and content are present
4. Assess accuracy — Flag potentially misleading, exaggerated, or promissory statements
5. Check balance — Per FINRA 2210, ensure risks and benefits are presented in a balanced manner
6. Review formatting — Verify required prominence of disclosures

Key Checks

• All required disclosures present
• No misleading or exaggerated claims
• Balanced presentation of risks and benefits
• Proper disclaimers included
• Correct classification (correspondence/retail/institutional)
• Principal pre-approval status verified (if retail communication)