Q: I was wondering if there is some kind of official disclaimer that I should be using in our brochure copy when we include financial courses, usually offered for free to the public. For example, we have two courses coming up including "Financial Strategies for Special Needs Families" and "What Every Parent Should Know about Getting the Most Money for College. They basically pay us a rental fee. They are not permitted to "sell" anything and must let people know that if they would like to arrange a meeting to put their names on a list. Is there a legal disclaimer that we should be using?
A: LERN has developed a code of ethics for class programs, and one of the guidelines is that instructors are not allowed to sell in class. Even if the courses are offered free, selling is not appropriate. LIkewise, your participants should be given the opportunity to opt out of future contact from the instructors of these courses. While you do not need a legal disclaimer, you should have a statement, for your own protection, that says that the content of these courses does not constitute investment advice, and that your organization does not specifically advocate any of the content. Providing the informational sessions does not constitute a recommendation by your organization of any specific company for financial advice. In addition, you should provide a space for people signing up for these courses to indicate whether they will agree to be contacted by the instructor after the class ends.
Questions
Class Program Ethics
Jun 12, 2018 12:57:36 AM
by
Jordan Kivley
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