Series 7: 18.4.1.2. Letters Of Acceptance, Waiver, And Consent

Taken from our Series 7 Online Guide

18.4.1.2. Letters of Acceptance, Waiver, and Consent

If the member firm or associated person admits to the violation, FINRA may propose and request that the respondent execute a letter accepting a finding of violation, consenting to the imposition of sanctions, and agreeing to waive the right to a hearing and appeal. Known as a Letter of Acceptance, Waiver, and Consent (AWC), it must describe the act

Since you're reading about Series 7: 18.4.1.2. Letters Of Acceptance, Waiver, And Consent, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!