Topics / Broker licensing and the exam
Which of the following is a ground sufficient to justify denial of a license application?
- Fewer than 3 years in the trade
- Residence outside the port city
- Lack of a college degree
- A failure to establish the business integrity and financial responsibility of the applicant
Show the answer
D. A failure to establish the business integrity and financial responsibility of the applicant
Grounds include failure to meet a basic requirement, failure to establish business integrity and financial responsibility or good character and reputation, and willful misstatement or omission in the application or interview.
Source: 19 CFR 111.16(b)
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