Once a broker-dealer has applied for and been granted state registration, the registration remains valid

Question

Quizplus · Accepted Answer

Once a broker-dealer has been granted state registration, that registration is valid until December 31st of that year. Registration automatically terminates annually on December 31st although an Administrator may elect to revoke or suspend a broker-dealer's registration at any time if the Administrator finds just cause.

Once a Broker-Dealer Has Applied for and Been Granted State