What is the purpose of including significant risks associated with the product in the compliant document?

Including significant risks associated with a product in the compliant document primarily serves the purpose of ensuring clients make informed decisions. This means that potential clients are equipped with all the necessary information regarding the potential downsides, limitations, and uncertainties of the product they are considering. Transparency about risks allows clients to better assess whether the product aligns with their financial goals, risk tolerance, and overall investment strategy.

When clients are aware of the risks, they are empowered to weigh those against the potential benefits, leading to more informed and responsible decision-making. This practice is fundamental in building trust and maintaining ethical standards within the financial industry, as it emphasizes the importance of client understanding and helps prevent mis-selling of financial products.

The other options do not align with this purpose. Discrediting products is counterproductive to the goal of informed decision-making. While compliance with marketing regulations is important, the primary focus of including risks is about improving client understanding. Promoting other products is unrelated to the need for transparency regarding a specific product's risks.