State National Bank Has a Web Site on Which It

State National Bank has a Web site on which it advertises all of its products. One page of the Web site is devoted to the products of its affiliate, State National Investment Products, Inc. The affiliate sells uninsured mutual funds and various other investments not insured by the FDIC. What are State National's responsibilities for this advertising?

A) None. The affiliate is responsible.
B) None. Because it is a Web site, the advertising rules do not apply.
C) The bank must make sure the FDIC logo is properly placed.
D) The bank must make sure that the noninsured disclosures are on this page and that the FDIC logo does not appear.

Correct Answer:

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