SERIES-63 practice question 27 of 35
Investment Adviser Foo Lish, LLC has begun serving as a custodian of its clients’ assets. Foo Lish, LLC must now I . file a new U-5 form with the…
Choose your answer, then check it against the explanation.
Investment Adviser Foo Lish, LLC has begun serving as a custodian of its clients’ assets. Foo Lish, LLC
must now
I . file a new U-5 form with the Administrator.
II . meet higher net capital requirements than before.
III . file an updated Form ADV with the Administrator.
IV . pay a CPA to do an annual unannounced audit of the firm.
Question 27 of 35
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