Series 79 - Rules and Regulations fully solved 2023/2024

Series 79 - Rules and Regulations Form U4 - correct answer When registering with a broker-dealer, all RRs are required to complete this Uniform Application for Securities Industry Registration which discloses: 10-year employment history Any felony convictions, convictions for securities-related misdemeanors, or actions taken by a U.S. or foreign securities regulator that have occurred within the past 10 years − All of these make a person subject to Statutory Disqualification or SD By signing Form U4, a registered person agrees to use arbitration as a means of resolving disputes that involve his employer. By agreeing to arbitration, the registrant waives his right to civil litigation; however, this does not apply to claims that involve employee discrimination or sexual harassment. Form U5 - correct answer The Uniform Termination Notice for Securities Industry Registration is a form that must be provided to an RR by his B/D within 30 days of termination. The form indicates whether the termination was voluntary or involuntary. Forms 10-K and 10-Q - correct answer These financial filings are required of publicly traded firms with over $10 million in assets and over 500 non-accredited shareholders (there are three 10-Qs filed per year) Form 8-K - correct answer Filed within four business days for any material event that could affect the issuer's share price or financial condition Form 3