Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Once FINRA notifies a member firm that special supervisory procedures are required due to the firm employing representatives from disciplined firms, how much time does the hiring firm have to implement them?

15 days
A
30 days
B
45 days
C
60 days
D

Explanations

Once the member firm is advised by FINRA that special supervisory procedures are required, the firm has 60 days to implement them by tape recording all telephone conversations between all registered representatives and existing or prospective customers.

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