Series 63 practice questionmediumAutomatic Effect of Administrator Orders
Which of the following statements is LEAST accurate regarding Administrator orders of suspension or denial?
- AA summary suspension is effective immediately
- BA non-summary suspension is effective only after notice and hearing opportunity
- CA summary suspension does not require the Administrator to provide reasons✓ Correct answer
- DA registrant subject to a summary order can request a hearing
Explanation
Why C — A summary suspension does not require the Administrator to provide reasons
Summary suspensions must include written reasons (Section 407). The other statements accurately reflect procedural requirements.
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