16 Mar 2025

RE5 Exam Question

Nthabiseng provides a client with verbal financial advice on investment products during a call. The advice is not recorded, and no follow-up document is sent. What FAIS requirement has Nthabiseng MOST LIKELY violated?

a) She failed to quote prices in writing.

b) She did not submit a FICA verification.

c) She did not create or provide a Record of Advice.

d) She failed to register the advice with the FSCA.