How long must a new broker be supervised according to the regulations?

According to the regulations governing the supervision of new brokers, a new broker must undergo a supervision period of 24 months. This requirement is in place to ensure that new brokers gain the necessary experience and competency in their roles. During this time, the broker is closely monitored to help them develop their skills and to ensure compliance with industry standards and regulations. The 24-month supervision helps to mitigate risks associated with inexperience in the field, allowing the broker to learn the intricacies of best practices, market behavior, and ethical considerations before they operate independently. This structured supervision ultimately enhances overall professionalism within the industry.