Definition of Statutory Disqualification

Statutory Disqualification subjects an individual who has been barred or suspended or convicted of a securities related crime to disqualification from registering as a licensed securities professional.

Applying "Statutory Disqualification" to Securities Exams:

Certain regulatory or criminal sanctions will subject a person to statutory disqualification. Some of these actions could be brought by industry regulators such as FINRA or the SEC. Others may result from criminal convictions from a court of law.

Preparing for an Exam?

Receive 15% off all your Securities Exam Prep materials

Please wait....