"A registered representative of a member firm markets private placements to wealthy accredited investors. Before the member firm can market these private placement securities, it MUST conduct a reasonable investigation concerning the:"

I. issuer and its management

II. business prospects of the issuer

III. assets held by the issuer

IV. claims being made

Explanation:

According to Financial Industry Regulatory Authority, FINRA, the requirement for a private placement to be offered, is for the broker-dealer or its representatives to perform a necessary and an adequate inquiry pertaining to the security and the issuer's representations concerning it.

Hence, the Broker-dealer must conduct a reasonable investigation concerning the following:

• issuer and its management

• business prospects of the issuer

• assets held by the issuer

• claims being made

• intended use of the proceeds of the offering

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

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