SIE Exam Practice Question 683

Question: 683

All but which of the following are correct regarding investment adviser representatives (IARs)?

Correct Answer: D

Explanation:

In order to conduct investment advisory business, an investment adviser representative (IAR) must be registered to an RIA firm, and every investment advisory firm must have at least one IAR. An IAR can be a dual registrant of multiple firms in some states only. There are currently no continuing education requirements for IARs.

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