Which of the following answers is CORRECT?

Chloe is a newly licensed financial security adviser. She is diligently learning about the profession and wants to do her job properly. She wonders when she is required to renew her certificate.

Which of the following answers is CORRECT?
A . Within 45 days following its expiry date.
B . Within 15 days following its expiry date.
C . Before it expires.
D . If and when her personal situation changes.

View Answer

Answer: C

Explanation:

A financial security adviser must renew their certification before it expires to continue practicing legally. According to LLQP regulations, it is crucial for advisers to maintain a valid certificate to ensure compliance with regulatory standards and avoid lapses in their ability to provide services. Failing to renew on time could result in a suspension of the adviser’s ability to operate until the certificate is renewed.