Regulations Governing Futures Advisory Enterprises Article 14

None of the following may be employed by a futures advisory enterprise in its text, graphic, or verbal promotions, or in advertising produced for dissemination in newspapers, magazines, radio, television, electronic transmission systems, or other mass media in the course of soliciting business:1. The use of false statements, high-pressure sales tactics, or claims that futures trading is suitable for all individuals.2. Concealment of important facts with the likelihood of creating mistaken belief.3. Emphasizing profits while failing to explain related risks.4. The use of graphs, formulas, computer software or other tools for technical analyses of futures without a clear explanation of their functional limitations.5. An unbalanced presentation in advertisements of the facts which are advantageous or disadvantageous to the futures advisory enterprise itself, or other types of exaggerated representation of content.6. Making representations that it guarantees profits or will bear losses.7. Using letters of recommendation, thank-you letters, records of past performance, or any other text or representation that could easily cause people to believe in the certainty of profit.8. Any other circumstance in which exaggeration, bias, or the likelihood of misleading the counterparty would occur.