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Series 63: Regulation of Broker-Dealers & Agents
Series 63 practice questioneasyFinancial Reporting

Which of the following financial reports may state Administrators require broker-dealers to file?

  1. ABalance sheets and income statements.✓ Correct answer
  2. BPersonal tax returns of all agents.
  3. CClient account statements.
  4. DProof of insurance on office property.
Explanation

Why ABalance sheets and income statements.

Administrators may require regular financial reports such as balance sheets and income statements (USA Section 202(d)). The other documents are not required under the USA.

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