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Official Practice ProblemFINRA Series 7 Blueprint: Function 1
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Question #1110Function 1Fundamental

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?

Correct Choice: A

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:

Choice ACorrect
Accurate TCPA Exemption

18-month transactional EBR creates an explicit exemption to the Do-Not-Call registry.

Choice BIncorrect
Product Exemption Fallacy

Product types do not grant telemarketing exemptions.

Choice CIncorrect
First-Call Fallacy

First-time calls to listed numbers are strictly illegal.

Choice DIncorrect
Calendar Distractor

Day of week does not override the Do-Not-Call ban.

Regulatory Authority & Citations:
FINRAFINRA Rule 3230Do-Not-Call Registry

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