Series 63 practice questioneasyAmendments - Timeliness
An agent changes her residential address. Under the USA, what action must be taken with respect to her registration?
- APromptly amend her registration to reflect the address change.✓ Correct answer
- BNo action is required unless the address is out of state.
- CWait until the annual renewal to update the address.
- DSubmit a notarized letter to the Administrator.
Explanation
Why A — Promptly amend her registration to reflect the address change.
Material changes, including address updates, require prompt amendment of registration records (USA Section 202(d)). Waiting or only acting if out-of-state violates this requirement.
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