Under MFDA Rules, which activity must a mutual fund dealing representative disclose?

Mutual fund dealing representatives are required to disclose outside business activities to ensure transparency and manage any potential conflicts of interest that may arise in their professional relationships. This disclosure helps clients understand whether the representative has any other financial interests that could influence their advice or decisions regarding mutual funds. By revealing these activities, it establishes an ethical standard that fosters trust between the representative and their clients.

Understanding the other options provides context. Previous investment experiences, while important for a representative’s qualifications, are not explicitly required for disclosure under MFDA rules. Personal investment strategies are subjective and vary widely among individuals, making them less relevant to the client and not typically covered in the disclosure requirements. Family investment preferences may also impact a representative's advice indirectly but are not mandated for disclosure, as they pertain more to personal rather than professional obligations. Thus, the emphasis on outside business activities aligns with the goal of maintaining a fair and transparent investment environment.