RegistrationPregunta 22 de 100
An employee of a manufacturing corporation is asked to distribute and explain the company's new stock purchase plan to fellow employees. She receives no commission or other remuneration for these sales. Under the Uniform Securities Act, she is:
a.Not an agent, because she represents the issuer in transactions with the issuer's employees and receives no commission
b.An agent who must register before speaking with any employee
c.An investment adviser representative
d.A broker-dealer with respect to the plan
Explicación
The act excludes from the agent definition an individual who represents an issuer in effecting transactions with the issuer's employees, partners, or directors when no commission or other remuneration is paid for soliciting those persons. The absence of transaction-based compensation is essential; paying her a commission would destroy the exclusion. She gives no investment advice for compensation and does not effect trades for the accounts of others as a firm.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
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