Series 63 practice questioneasyAppeal Rights
If an applicant's registration is denied by the Administrator in State Y, what is the typical next recourse for the applicant?
- ARequest a rehearing with the Administrator
- BFile a civil action in a court of competent jurisdiction✓ Correct answer
- CAppeal directly to the SEC
- DSubmit a complaint to FINRA
Explanation
Why B — File a civil action in a court of competent jurisdiction
Section 409 of the USA allows appeals to a state court. A is not guaranteed, and C/D are irrelevant for state administrator actions.
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