General Securities Sales Supervisor (Series 10) Practice Exam 2025 - Free Series 10 Practice Questions and Study Guide

Customer confirmations are essential documents that provide details about a securities transaction between a broker-dealer and their clients. According to MSRB Rule G-15, which governs confirmation of transactions in municipal securities, certain information must be disclosed to the customer, ensuring transparency and informed decision-making.

The requirement for "Current Yield" is particularly important as it provides the customer with a clear understanding of the income generated by the investment based on its current market price. This yield reflects the annual income (interest or dividends) as a percentage of the purchase price, allowing customers to assess potential returns directly related to their investment choices.

Including the current yield in customer confirmations allows investors to make informed evaluations of the securities they hold or are considering. It offers immediate insight into the investment's performance, making it a critical piece of information that aligns with the goals of transparency and fairness in transactions.

The other options, while they may contain relevant information for different contexts of investing or securities transactions, do not fall under the mandatory disclosure requirements outlined by MSRB Rule G-15 for customer confirmations regarding municipal securities.