National Do-Not-Call Registry Exemptions and Scrutiny
A registered representative wants to contact an individual whose phone number is listed on the National Do-Not-Call Registry. Under which circumstance is this call PERMITTED?
Calls to numbers on the Do-Not-Call list are permitted ONLY under three narrow exceptions: (1) Established Business Relationship (EBR) - customer did business within the past 18 months or made an inquiry in the past 3 months; (2) Prior express written consent; (3) Personal relationship with the representative..
Complete Analysis & Legal Rationale
Calls to numbers on the Do-Not-Call list are permitted ONLY under three narrow exceptions: (1) Established Business Relationship (EBR) - customer did business within the past 18 months or made an inquiry in the past 3 months; (2) Prior express written consent; (3) Personal relationship with the representative.
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:
18-month transactional EBR creates an explicit exemption to the Do-Not-Call registry.
Product types do not grant telemarketing exemptions.
First-time calls to listed numbers are strictly illegal.
Day of week does not override the Do-Not-Call ban.
Official Standard: Defines Established Business Relationship exemptions.