Uniform Combined State Law (Series 66) 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

How long is the registration of an agent valid?

Until the end of the fiscal year

As long as they remain with the same employer

The registration of an agent is valid as long as they remain with the same employer. In the context of the Uniform Securities Act, when an individual is registered as an agent, their registration is tied directly to their affiliation with a specific broker-dealer or issuer. If the agent changes employers or is terminated, their registration is no longer valid and must be updated or re-registered with their new employer.

This approach ensures that agents are accountable for their actions while associated with a particular firm and that any changes in their employment status reflect appropriately in their registration. This requirement also emphasizes the regulatory oversight necessary for maintaining standards and protecting investors in the financial markets. Therefore, the validity of an agent's registration is contingent on their ongoing association with that specific employer.

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Indefinitely unless terminated

Until the agent decides to resign

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