document-review

# Document Review ## Instructions When reviewing a financial document: 1. **Classify the document** — Determine document type (prospectus, ADV, customer agreement, marketing material, etc.) 2. **Identify applicable rules** — Map to FINRA 2210 (communications), SEC disclosure requirements, etc. 3. **Check required elements** — Verify all required disclosures, disclaimers, and content are present 4. **Assess accuracy** — Flag potentially misleading, exaggerated, or promissory statements 5. **Check balance** — Per FINRA 2210, ensure risks and benefits are presented in a balanced manner 6. **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 R...