Investor Protection & Securities:: Registration:: Registration of Broker & Advisers FAQs Show
Which of the following may be required by the Administrator to be filed by a brokerWhich of the following may be required by the Administrator to be filed by a broker-dealer to maintain registration? I, II, III. The best answer is C. Consent to service of process is only filed with initial registration applications; it is not required for renewals.
Do broker/dealers register with the state or SEC?Foreign Broker-Dealer Exemption (Rule 15a-6)
Under this approach, all broker-dealers physically operating within the United States that induce or attempt to induce securities transactions must register with the SEC, even if their activities are directed only to foreign investors outside of the United States.
Who must register in a state as an investment advisor quizlet?Unless an exception applies, investment advisers who have less than $100 million in AUM must register on the state level. Once they reach $100 million of assets under management, they have the choice of state or SEC registration. Once $110 million is reached, the only choice is registration with the SEC.
Which of the following would be defined as a brokerUnder the Uniform Securities Act, a "broker-dealer" is defined as a person that engages in the business of effecting securities transactions for the account of others; or a person that engages in the trading of securities for its own account.
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