Regulations Governing Securities Investment Consulting Enterprises (Originally Adopted 2004.10.30) Article 12

A SICE may not use exaggerated or biased representations in advertising, public information meetings, or other promotional activities.A SICE shall report any advertising, public information meeting, or other promotional activity to the SITCA within 10 days of its occurrence. When the SITCA discovers the circumstances under Article 14, paragraph 1, it shall file a written report with the FSC before the end of each month detailing the circumstances.Any promotional or advertising materials and related records produced in connection with the advertising, public information meetings, or other promotional activities given in paragraph 1 shall be retained for a period of 2 years; the records for informational meetings and other business promotion activities shall be preserved through video and audio recordings for a period of not less than 1 year.The FSC may at any time conduct a spot check of records relating to the SICE's advertising, promotional materials, or video and audio recordings; the SICE may not refuse or impede such a check.