What must be approved by the Commissioner regarding a buyer's guide?

The correct answer is that the content of the guide must be approved by the Commissioner. This requirement ensures that the information provided in the buyer's guide is accurate, clear, and complies with applicable laws and regulations. The Commissioner plays a critical role in protecting consumers by ensuring that they receive truthful and useful information when making purchasing decisions.

The content must include essential details about the obligations of the parties involved, the terms of the sale, and any other pertinent information that will assist buyers in making informed choices. Approval of the content helps to maintain consumer trust in the marketplace and prevents misleading practices.

While the format, distribution plan, and pricing information are important aspects that contribute to how the guide is presented and utilized, they do not require the same level of regulatory oversight as the content itself. The emphasis on content approval underscores the need to safeguard consumer interests and promote transparency in the information provided to potential buyers.