Administration & LiabilityPregunta 100 de 100
An applicant for agent registration has passed the required examination and has no disciplinary history, but the Administrator considers her inexperienced. Under the Uniform Securities Act, the Administrator:
a.May deny the application solely because of the applicant's lack of experience
b.May consider training, experience, and knowledge of the securities business, but may not deny a registration solely on the ground that the applicant lacks experience
c.Must deny the application because experience is a statutory prerequisite
d.May grant the registration only on the condition that the applicant waive the right to a hearing
Explicación
The act allows the Administrator to weigh an applicant's training, experience, and knowledge of the securities business as part of the qualification determination, but it expressly forbids denying a registration to an individual solely for lack of experience. Experience is therefore a factor rather than a prerequisite. Any provision purporting to waive compliance with the act, including hearing rights, is void.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
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