Series 63 practice questioneasyJudicial Review
If an agent disagrees with an Administrator's order suspending registration, the agent may seek judicial review by:
- AFiling a petition in the appropriate state court within 60 days✓ Correct answer
- BRequesting a rehearing from the Administrator within 90 days
- CAppealing directly to the SEC
- DWaiting one year to reapply
Explanation
Why A — Filing a petition in the appropriate state court within 60 days
USA Section 413 permits judicial review by petitioning the appropriate state court, typically within 60 days. Rehearing is not required, the SEC is not involved, and waiting to reapply does not constitute review.
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