Can a new broker act as a designated individual or sole proprietor during the supervision period?

A new broker cannot act as a designated individual or sole proprietor during the supervision period. This regulation is crucial for maintaining compliance and ensuring that inexperienced brokers receive the proper guidance and support as they enter the industry. During this supervision period, a new broker is typically required to work under an experienced designated individual or broker to help them understand the responsibilities and obligations that come with the role. This mentorship and oversight are essential for their professional development, ensuring that they can provide quality service and adhere to regulatory standards. Thus, allowing a new broker to take on the responsibilities of a designated individual or sole proprietor prematurely could lead to compliance issues and undermine the integrity of the profession.