Sherry
just began work with JumboProfits Brokerage in Spokane
and is going through the process of registering as
a licensed representative in that state. Which of
the following pieces of information is necessary
for Sherry to provide?
I. Marital status
II. Employment history
III.Any felony convictions
IV. Her name
V. Any misdemeanor convictions
VI. Her medical history
VII. Financial status and history
a) I, II and IV
b) II, III, IV and VII
c) II, III and V
d) III, IV, V, and VII
e) All of the above
Answer:
The correct answer is b).
In order to be licensed, a registered representative
must provide his or her name, financial status and
history, along with any felony convictions. He or she
does not need to report a misdemeanor conviction, unless
it pertains to securities.
