Series 24: 1.2.6.2. Withdrawal Of Registration

Taken from our Series 24 Online Guide

1.2.6.2.  Withdrawal of Registration

When a registered broker-dealer decides to go out of business, it must file a Form BDW to withdraw its registration with the SEC and the states with which it is a member. This form requires the broker-dealer to disclose the amount of any fund or securities it owes customers and whether it is the subject of any proceedings, unsatisfied judgments, liens, or customer claims. These disclosures help to ensure that a broker-dealer’s busi

Since you're reading about Series 24: 1.2.6.2. Withdrawal Of Registration, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 24
Please Enable Javascript
to view this content!