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NEW QUESTION: 1
Ms. Newbie is a registered representative with Savvy Investments and has recently gotten married. (Her new name is Mrs. Newbie-Oldman.)Her husband has been a client of hers, and the couple now wants to put her name on the account. In this case:
A. Mrs. Newbie-Oldman's husband must provide written authorization to Savvy Investments for his new bride to be included on the account.
B. Both B and C are true statements.
C. Mrs. Newbie-Oldman must obtain written authorization from Savvy Investments to put her name on the account.
D. Mrs. Newbie-Oldman may only share in the account to the extent that she deposits funds in the account.
Answer: B
Explanation:
Explanation/Reference:
Explanation: If Mrs. Newbie-Oldman and her new husband want her name on what was previously his account, she must obtain written authorization from her employer, Savvy Investments, and her new husband must provide his written authorization to Savvy. She is exempted from the proportional investment requirement as Mr. Oldman's spouse, but not from the written authorization requirements under FINRA Rule 2150.

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A. Option B
B. Option C
C. Option A
D. Option D
E. Option E
Answer: C
Explanation:
Explanation/Reference:
Explanation:


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