Jones Door knocker
44 RepliesJump to last post
[quote=Greenbacks]
Yesterday we had our third Jones rep this year knock on our door. This one came in from a neighboring state, and told the wife that he is licensed in New Mexico but not registered in our state of Colorado
I think maybe he is to green to know he is doing something illegal or poorly supervised! [/quote] Okay B24, this is is an easy question but what is wrong with what your newbie is doing??? This scenario is part of a question on series 7 & 63. (I guess that is why you have not answered???)[quote=compliancejerk] [quote=Greenbacks]
Yesterday we had our third Jones rep this year knock on our door. This one came in from a neighboring state, and told the wife that he is licensed in New Mexico but not registered in our state of Colorado
I think maybe he is to green to know he is doing something illegal or poorly supervised!
[/quote]
Okay B24, this is is an easy question but what is wrong with what your newbie is doing???
This scenario is part of a question on series 7 & 63. (I guess that is why you have not answered???)[/quote]
Actually, it’s because I don’t care. He’s not “my” newbie. He can get fired for all I care. Of course you can’t solicit somewhre you are not registered. But again, I don’t really care.
Ah, but he is “your” newbie after all, B24. The regulators could conceivably shut Edward Jones down entirely for failure to supervise in the state where the broker is not registered. Don’t laugh…it happened some years back in Florida, I believe. That, I feel, is one of the major drawbacks to the Jones system. (It’s also one of the reasons that product is so limited in the Edward Jones repertoire.)