Question: As defined by FINRA, the term retail communication includes all of the following, EXCEPT: A An e - mail that's sent to 1 5 retail

As defined by FINRA, the term "retail communication" includes all of the following, EXCEPT:
A An e-mail that's sent to 15 retail customers and 30 institutional investors
B An advertisement that's broadcast on television
An advertisement that's broadcast on the radio
An e-mail that's sent to 10 retail investors and 20 prospective retail investors
 As defined by FINRA, the term "retail communication" includes all of

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