gabrielmoreira Document Review
Instructions
When reviewing a financial document:
- Classify the document — Determine document type (prospectus, ADV, customer agreement, marketing material, etc.)
- Identify applicable rules — Map to FINRA 2210 (communications), SEC disclosure requirements, etc.
- Check required elements — Verify all required disclosures, disclaimers, and content are present
- Assess accuracy — Flag potentially misleading, exaggerated, or promissory statements
- Check balance — Per FINRA 2210, ensure risks and benefits are presented in a balanced manner
- Review formatting — Verify required prominence of disclosures
Key Checks
- All required disclosures present
- No misleading or exaggerated claims
- Balanced presentation of risks and benefits
- Proper disclaimers included
- Correct classification (correspondence/retail/institutional)
- Principal pre-approval status verified (if retail communication)
Output Format
For each finding, produce:
### [SEVERITY] — [Rule Reference]
- **Issue**: [What was found]
- **Location**: [Section/page reference]
- **Recommended action**: [Specific fix]
Example Finding
### WARNING — FINRA 2210(d)(1)(A)
- **Issue**: Performance claim "consistently outperforms the market" lacks supporting data and time period
- **Location**: Page 2, paragraph 3
- **Recommended action**: Add specific time period, benchmark comparison, and standardized performance data per SEC Rule 482