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Official Practice ProblemFINRA Series 7 Blueprint: Function 1
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Question #1109Function 1Fundamental

Telephone Consumer Protection Act (TCPA) Permissible Cold Calling Hours

Under the Telephone Consumer Protection Act (TCPA) and FINRA Rule 3230, during what hours may a registered representative legally place unsolicited cold calls to prospective clients?

Correct Choice: A

The TCPA and FINRA Rule 3230 strictly limit unsolicited outbound cold calling to the hours between 8:00 a.m. and 9:00 p.m. IN THE RECIPIENT'S LOCAL TIME ZONE.

Complete Analysis & Legal Rationale

Calling a prospect in California at 8:15 a.m. EST (5:15 a.m. Pacific) is an egregious federal telemarketing violation because the call must respect the RECIPIENT'S local time.

Distractor Autopsy (Why Other Options Are Traps)

FINRA exam writers design incorrect distractors using specific calculation mistakes and regulatory misconceptions. Review why each option succeeds or fails:

Choice ACorrect
Accurate Telemarketing Rule

8:00 a.m. to 9:00 p.m. recipient local time.

Choice BIncorrect
Broker Time Zone Fallacy

Caller's time zone is irrelevant; recipient's local time governs.

Choice CIncorrect
EST Uniformity Fallacy

EST is not universally applied nationwide.

Choice DIncorrect
Unrestricted Calling Fallacy

Unrestricted calling violates federal telemarketing statutes.

Regulatory Authority & Citations:
FINRAFINRA Rule 3230Telemarketing

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