SIE - Securities Industry Essentials Exam
Preview Mode
If a registered rep is a subject of a written complaint by a customer regarding misappropriation of funds, the member firm must notify FINRA:
Within 30 calendar days
A
Within 15 business days
B
Within 7 calendar days
C
Within 1 business day
D
Explanations
The member must report the event no later than 30 calendar days after having knowledge of the existence of the complaint.