Series 6 - Investment Company And Variable Contracts Products Representative Exam
What is the deadline for the carrying firm in an ACATS transaction to validate the securities listed on the TIF?
1 business dayB
3 business daysC
1 week from date of receipt of the TIFD
The carrying firm has one business day to validate the list of securities on the Transfer Initiation Form (TIF) or take exception to the transfer instructions.