FINRA Rule 3270 requires registered representatives to disclose all outside business activities that involve compensation or could reasonably be perceived as a conflict of interest.
C is correctbecause serving as a board member for a publicly traded company is a business activity requiring disclosure, even if compensation is indirect.
Ais incorrect because volunteer work for charities does not require disclosure.
Bis incorrect because acting as a trustee for a personal or family estate is generally not considered an OBA.
Dis incorrect because unpaid board membership for a not-for-profit entity does not typically require disclosure.
[Reference:FINRA Rule 3270 (Outside Business Activities), ]
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