Which of the following statements about your mutual fund registration is CORRECT?
A.
You can sell mutual funds anywhere in Canada as long as you are registered with one of the provincial or territorial securities commissions.
B.
Your online application must be reviewed and approved by your mutual fund dealer before you can begin to sell mutual funds.
C.
You must renew your registration through the online NRD system every two years.
D.
You must inform the regulatory authorities of any material or significant changes to your personal circumstances.
The Answer Is:
D
This question includes an explanation.
Explanation:
According to the Registered Investments (RIs) - Canada.ca, you must inform the regulatory authorities of any material or significant changes to your personal circumstances, such as a change of name, address, or employment status. You must also report any disciplinary actions, criminal charges, or civil lawsuits that may affect your suitability as a registrant. Failing to do so may result in suspension or revocation of your registration.
IFC PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"