Series 63 practice questioneasyAgent Registration Effective Date
Assuming all documentation is in order and the Administrator does not take action, when does an agent's registration become effective under the USA?
- A30 days after filing the application
- BImmediately upon application submission
- COn the 30th day after filing, unless the Administrator advances or delays it✓ Correct answer
- D60 days after filing the application
Explanation
Why C — On the 30th day after filing, unless the Administrator advances or delays it
Registration becomes effective on the 30th day after filing unless the Administrator specifies otherwise (USA Section 406). Option A is incomplete, B is incorrect, and D is too long a timeframe.
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