What must be included in all broker-dealer communications to ensure compliance?

Including disclosures regarding risks and fees in all broker-dealer communications is crucial for compliance with regulatory standards. This requirement ensures that clients and prospective investors are fully informed about potential risks associated with investment products and any applicable fees they might incur. These disclosures serve to protect the interests of investors, promoting transparency and informed decision-making.

In the context of financial communication, highlighting risks and fees is particularly important because it helps potential investors understand not only the potential gains but also the drawbacks of their investment choices. This practice aligns with regulatory guidelines aimed at preventing misrepresentation and ensuring that all material facts are presented to clients.

In contrast, while other options such as including contact information for financial advisors might be helpful for client relations, they do not address the core compliance obligations associated with providing adequate risk and fee information. Similarly, confidential client information should not be disclosed as it poses privacy risks and is typically protected under various regulations. Only sharing promotional content would inadequately inform clients and would not satisfy the regulatory emphasis on transparency and full disclosure of important investment-related information.