Question of the Week

If a sales representative moves from one broker-dealer to another, who must notify the Administrator?

I. Sales representative
II. Previous broker-dealer
III. New broker-dealer

a) I only
b) I, II & III
c) III only
d) II only


Answer:

The correct answer is b.

I, II and III are correct since all parties are required to notify the Administrator.

Financial Professionals
  1. How Much Does A Financial Advisor Earn?
    Investing Basics

    How Much Does A Financial Advisor Earn?

  2. Growth Strategies For Financial Advisors
    Professionals

    Growth Strategies For Financial Advisors

  3. Eyeing China? Consider These Economic Indicators
    Economics

    Eyeing China? Consider These Economic Indicators

  4. 8 Essential Tips For Retirement Saving
    Investing Basics

    8 Essential Tips For Retirement Saving

  5. 'Donut Hole' Essentials For The Financial Advisor
    Investing Basics

    'Donut Hole' Essentials For The Financial Advisor