SIE (Securities Industry Essentials) Practice Exam

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When is it permissible to make telemarketing calls to prospects according to the telemarketing consumer protection act?

  1. Between 9 am and 5 pm

  2. Between 8 am and 9 pm

  3. 24/7 with consent

  4. Between 10 am and 6 pm

The correct answer is: Between 8 am and 9 pm

Making telemarketing calls to prospects is only permissible between 8 am and 9 pm according to the telemarketing consumer protection act. Option A is incorrect because it does not adhere to the specific time frame laid out by the act. Option C is incorrect because consent is required for any telemarketing calls, regardless of the time. Option D is incorrect because it is still outside of the permissible time range. It is important for telemarketers to follow the guidelines set by the telemarketing consumer protection act to avoid any legal consequences.