A:

Under the USA, registration as an IAR includes all of the following EXCEPT:



A. Minimum net capital
B. Passing a qualification exam
C. Filing a consent to service of process
D. Posting a surety bond




The correct answer is "A", since only an IA would need to prove minimum net capital requirements. The IAR may be required to pass an exam, file a consent to service of process and post a surety bond, however (an IA would fall under these same requirements as well).



RELATED FAQS

  1. How can an investment banker switch to a career in corporate finance?

    Understand the difference between investment banking and corporate finance. Learn how an investment banker can switch to ...
  2. What are the best MBA programs for corporate finance?

    Read about the best MBA programs for students who want to pursue a career in corporate finance, including those at Harvard, ...
  3. How stressful is the typical corporate finance job?

    Learn more about careers in corporate finance, the stress associated with those jobs and why investment bankers feel the ...
  4. What should I study in school to prepare for a career in corporate finance?

    Find out which classes to take in college to prepare for a career in corporate finance, including management, accounting ...
RELATED TERMS
  1. Advanced Diploma In Insurance

    A qualification earned by insurance professionals and conferred ...
  2. Associate In Personal Insurance (API)

    A designation earned by professionals looking for training in ...
  3. Associate In Reinsurance (ARe)

    A designation earned by insurance professionals looking for reinsurance ...
  4. Associate In Surplus Lines Insurance (ASLI)

    A designation earned by insurance professionals involved with ...
  5. Associate In Fidelity And Surety Bonding (AFSB)

    A designation earned by bond producers, bond underwriters, and ...
  6. Associate In Insurance Services (AIS)

    A designation earned by insurance professionals and conferred ...

You May Also Like

Related Articles
  1. Entrepreneurship

    The 10 Richest Women In Finance

  2. Personal Finance

    How To Land a Wall Street Job Out of ...

  3. Entrepreneurship

    How the Harvard and Stanford MBA Programs ...

  4. Personal Finance

    World's Top 10 Hedge Fund Firms

  5. Personal Finance

    World's Top 10 Insurance Companies

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!