Recommendations, Disclosures, and DPP Analysis

The third Series 22 chapter carries most of the exam weight. This is where the representative provides information about investments, analyzes the customer’s profile against available DPP options, provides the required disclosures, and communicates with the customer about the account. It is the core suitability and disclosure function of the exam.

Read this chapter as the decision-and-explanation layer of the DPP workflow. Start with the product itself, then move into customer fit, disclosure duties, and ongoing communication and record retention.

In this section

• DPP Structures, Risks, and Economics
  Review the program structures, sponsor economics, cash-flow themes, and risk patterns that Series 22 expects representatives to understand.
• Suitability and Best Interest Analysis
  Learn how Series 22 tests customer profile review, concentration, liquidity, and DPP fit under a suitability and best-interest mindset.
• Required Disclosures, Fees, and Conflicts
  Review the Series 22 disclosure duties around costs, fees, sponsor conflicts, product characteristics, and customer-facing explanations.
• Account Servicing, Communications, and Record Retention
  Learn how Series 22 tests ongoing customer communications, request handling, and record retention after the DPP recommendation is made.