Series 63 practice questionmediumAdministrator order—appeals
If an Administrator issues an order denying registration to an applicant, what recourse does the applicant have?
- AFile for review of the order in court within 60 days.✓ Correct answer
- BIgnore the order entirely.
- CImmediately apply for registration in another state.
- DDemand an administrative rehearing after one year.
Explanation
Why A — File for review of the order in court within 60 days.
Applicants may seek judicial review of the Administrator's order by filing in the appropriate court within 60 days (USA Sec 411). Ignoring the order or delaying a year are not permitted responses.
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