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TCF Communication Disclosure

Which TCF outcome requires that customers be given clear information and kept appropriately informed before, during and after the point of sale?

RE5 practice question with a worked answer. This is one of hundreds of FSCA RE5 questions in the RegulatoryExams question bank.

  1. a) Outcome 3 — clear information.Correct
  2. b) Outcome 2 — product design.
  3. c) Outcome 5 — products perform as expected.
  4. d) Outcome 6 — no unreasonable post-sale barriers.

Why this is the answer

Outcome 3 is about clear, fair and non-misleading information at every stage of the relationship. Outcome 2 concerns product design, Outcome 5 concerns performance matching expectations, and Outcome 6 concerns post-sale barriers.

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