FINRA Uniform Securities State Law Examination Series-63 Question # 5 Topic 1 Discussion

FINRA Uniform Securities State Law Examination Series-63 Question # 5 Topic 1 Discussion

Series-63 Exam Topic 1 Question 5 Discussion:
Question #: 5
Topic #: 1

It has come to the attention of the Administrator of the state that Samuel Shyster provided false information on his application to become a registered investment adviser with the state. Prior to revoking Samuel’s license, the Administrator will provide Samuel with which of the following?

I. prior notice

II. an opportunity to fill out a new registration statement

III. an opportunity for a hearing

IV. a written statement regarding the facts and the legal consequences


A.

I, II, III, and IV


B.

I, II, and III


C.

I, III, and IV


D.

I, II, and IV


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