Series 53: 6.2.6.2. Payment Of Claim

Taken from our Series 53 Online Guide

6.2.6.2. Payment of Claim

When the interest payment claim involves two broker-dealers, the receiver of the claim must send the claimant a bank draft for the amount of the interest payment or a statement of its basis for denying the claim. The payment or the notice of denial must generally be made no later than 10 bus

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