If a member firm acting as a proxy solicitor for LRK Corporation is given a shareholder list by LRK, which of the following statements is TRUE?

If a member firm acting as a proxy solicitor for LRK Corporation is given a shareholder list by LRK, which of the following statements is TRUE?



A) The member firm can use the list to solicit new business.

B) The member can use the list only to solicit new business with the written consent of LRK.

C) The member can use the list only to solicit new business with the written consent of FINRA.

D) The member firm cannot use the list for any purpose other than to solicit proxies.



Answer: D) The member firm cannot use the list for any purpose other than to solicit proxies.


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