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

By Free AAA
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. What are some common questions an interviewer may ask during an interview for a position ...

    Discover the world of investment banking and learn what questions are likely during an interview for a position with an investment ...
  2. What licenses and certifications do you need for a career in portfolio management?

    See what it normally takes to begin a career in investment portfolio management, including education, experience, licenses ...
  3. What are the most common interview questions for banking / finance jobs?

    Prepare for an important interview by rehearsing with commonly asked questions for job candidates in the banking / finance ...
  4. I need special accommodations when taking the Series 63 exam. How are such arrangements ...

    Learn more about special accommodations offered by Series 63 testing sites, and discover how to request special accommodations ...
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. Personal Finance

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

  2. Entrepreneurship

    How the Harvard and Stanford MBA Programs ...

  3. Personal Finance

    World's Top 10 Hedge Fund Firms

  4. Personal Finance

    World's Top 10 Insurance Companies

  5. Personal Finance

    World's Top 10 Trading Companies

Trading Center