Series 53: Exercise

Exercise

Fill in the blank.

1. Registered personnel must participate in continuing education programs, which include both a regulatory element and a _____ element.

2. MSRB Rule G-3 requires that all municipal securities dealers have at least _____ Municipal Securities Principals (individuals who have passed the Series 53 exam).

3. The SEC and other governing regulatory agencies may censure or suspend a dealer for a period up to 12 months or revoke its registration for engaging in prohibited conduct if the regulators