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Within how many days must a new branch office broker be appointed?

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Final answer:

A new branch office broker must be appointed within 30 days as per FINRA regulations.

Step-by-step explanation:

A new branch office broker must be appointed within 30 days. This requirement is specified by the Financial Industry Regulatory Authority (FINRA), which is a self-regulatory organization that oversees brokerage firms and their agents. According to FINRA rules, when a branch office broker terminates their employment or transfers to a different location, the firm must designate a new branch office broker within the specified time frame to ensure compliance.

For example, if a broker in a branch office resigns, the firm will need to identify a new branch office broker within 30 days and file the necessary documentation with FINRA. Failure to meet this requirement can result in regulatory consequences.

In summary, a new branch office broker must be appointed within 30 days as per FINRA regulations.

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