If a sales representative moves from one broker-dealer to another ...

By Investopedia Staff AAA
Q:

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

A:
The correct answer is b.
I, II and III are correct since all parties are required to notify the Administrator.

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