RegistrationPregunta 12 de 100
A registered broker-dealer files an application to withdraw its registration in a state. Which statement is correct?
a.The withdrawal is effective immediately upon filing
b.The withdrawal never becomes effective if a customer complaint is on file
c.The withdrawal becomes effective thirty days after filing unless a proceeding is pending, and the Administrator retains jurisdiction for one year to institute a revocation or suspension proceeding
d.The Administrator loses all authority over the firm the moment the application is filed
Explicación
Withdrawal becomes effective thirty days after filing, or earlier if the Administrator so determines, provided no revocation or denial proceeding is pending. The Administrator keeps jurisdiction for one year after the withdrawal takes effect and may still enter a revocation or suspension order. A pending complaint alone does not permanently block a withdrawal.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- Which individual at a state-registered investment advisory firm would be considered an investment adviser representative?
- Absent a denial order or pending proceeding, an application for registration as a broker-dealer, agent, investment adviser, or investment adviser representative becomes effective:
- A state-registered investment adviser maintains custody of client funds and securities. Regarding financial requirements, the Administrator may:
- Unless renewed, the registration of a broker-dealer, agent, investment adviser, or investment adviser representative expires:
- An individual represents a corporate issuer in selling only United States Treasury notes and general obligation bonds of the state to the public. Under the Uniform Securities Act, this individual:
- A certified public accountant prepares tax returns for a client. During the engagement she explains that municipal bond interest would reduce the client's tax bill and suggests he discuss municipal bonds with a broker. She charges only her standard tax preparation fee. Under the Uniform Securities Act, the accountant is:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 63 — Uniform Securities Agent State Law Exam · Cómo revisamos