SIE practice questionmediumSRO Appeals
If a firm disagrees with an SRO disciplinary action, to whom can it first appeal?
- AThe SEC
- BWithin the SRO's internal appeals process✓ Correct answer
- CThe Department of Justice
- DThe U.S. Treasury
Explanation
Why B — Within the SRO's internal appeals process
Firms must first use the SRO's internal appeals process before appealing to the SEC.
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