Who is responsible for selling a UITF if they are certified as a salesman?

The responsibility for selling a UITF falls on individuals who are certified as investment solicitors and UITF salesmen. This option is correct because both roles are recognized and authorized to engage clients in discussions about investment products, including UITFs, and facilitate the transaction process. Certified investment solicitors typically undergo specialized training and certification, equipping them with the necessary knowledge about UITFs, including their risks, benefits, and fees, which enables them to effectively inform and guide clients.

Having both certified investment solicitors and UITF salesmen involved in the process broadens the accessibility of covered services across various financial institutions. Each group can leverage their training to adequately represent the UITF offerings to potential investors, ensuring compliance with regulatory standards and fostering informed decision-making among clients.

The other options, while potentially involved in the investment process, do not encompass the full scope of certification needed to sell UITFs. UITF marketers may not possess the same regulatory approval, and while registered financial advisors are trained professionals, the question specifically addresses the certified roles, making the inclusion of both investment solicitors and salesmen the most accurate representation of those authorized to sell UITFs.