SIE Exam Question 963: Answer and Explanation

Question: 963

Beta Corporation, a broker-dealer, would like to withdraw their state registration.

The withdrawal will become effective __________ following the SEC's receipt of the form, unless the division notifies Beta Corporation otherwise.

• A. 30 days
• B. 60 days
• C. 90 days
• D. 120 days

Correct Answer: A

Explanation:

The withdrawal will become effective 30 days following the SEC's receipt of the form, unless the division notifies Beta Corporation otherwise.