Which of the following is a reportable obligation with respect to an individual's Form U4?
A.
A speeding ticket
B.
A change of residential address
C.
A change of business telephone number
D.
A gambling-related misdemeanor charge
The Answer Is:
D
This question includes an explanation.
Explanation:
Step by Step Explanation:
Form U4 Reporting Requirements: Registered persons must disclose criminal charges (excluding minor traffic violations) and material changes such as residential address changes. Gambling-related misdemeanors are considered reportable.
Incorrect Options:
Speeding Ticket: Typically not reportable unless it involves a felony.
Business Telephone Number: Not material for Form U4.
[:, FINRA Form U4 Instructions: FINRA Form U4., ]
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