Series 63 practice questionmediumInterstate Applications — Filing Dates
A junior banker transfers from the Chicago office (State D) to the New York office (State E) of William Blair. William Blair files for dual registration for the agent in both states on August 24. On September 22, the Administrator in State E requests additional documentation, which is provided September 25. When is the agent's registration in State E MOST LIKELY to become effective?
- ASeptember 23
- BSeptember 25
- COctober 25✓ Correct answer
- DOctober 24
Explanation
Why C — October 25
The request for documentation on September 22 delays effectiveness. The 30-day clock restarts on September 25 (when the deficiency is cured), so registration is most likely effective 30 days later, on October 25 (Section 305).
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