SIE practice questionmediumForm U4 Amendments
A registered representative moves to a new home address. Within how many days must the Form U4 be updated?
- A60 days
- BNo update is required for a residential address change
- C30 days✓ Correct answer
- D10 days
Explanation
Why C — 30 days
Form U4 must be updated within 30 days for changes to information such as residential address, outside business activities, and other non-disclosure items. For more material events — such as criminal charges, regulatory actions, customer complaints, or financial disclosures like bankruptcies and judgments — the U4 must be amended within 10 days. The distinction between the 10-day and 30-day windows is important for the SIE exam: disciplinary/legal events require faster disclosure.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Related Regulatory Framework questions
- Which of the following best describes the Firm Element of FINRA's continuing education program?
- A customer sends a written complaint to a registered representative's personal email. What should the representative do?
- If a registered person's registration has been terminated for more than two years, what must occur before they can…
- Under FINRA arbitration rules, claims must generally be filed within what time period from the occurrence or event…