SIE practice questionmediumContinuing Education
What happens if a registered representative fails to complete the Regulatory Element of continuing education by the required deadline?
- AThe representative's registration becomes inactive until the requirement is satisfied✓ Correct answer
- BThe firm is fined but the representative can continue working
- CThe representative receives a warning letter but can continue working
- DThe representative is permanently barred from the securities industry
Explanation
Why A — The representative's registration becomes inactive until the requirement is satisfied
If a registered person does not complete the Regulatory Element by the annual deadline, their registration becomes CE inactive. While inactive, the person may not perform activities requiring registration until the requirement is satisfied.
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