Series 63 practice questionmediumAmendments - Specific Events
Which of the following changes would require prompt notification to the Administrator under the Uniform Securities Act?
- AA change in the firm’s legal structure.✓ Correct answer
- BA change in the firm's business hours.
- CThe firm’s principal agent takes a two-week vacation.
- DThe firm relocates to a new suite within the same building.
Explanation
Why A — A change in the firm’s legal structure.
A change in legal structure is a material event requiring prompt amendment (USA Section 202(d)). Business hours, vacations, or minor address changes usually do not trigger amendment.
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