RegistrationPregunta 30 de 100
An agent is registered only in State A. Her broker-dealer is registered in both State A and State B. She begins cold-calling residents of State B from her desk in State A. Which statement is correct?
a.No registration in State B is needed because her firm is registered there
b.No registration in State B is needed because she never physically enters the state
c.She may solicit up to five State B residents before registering
d.She must register as an agent in State B, because her offers are directed into and received in that state
Explicación
Agent registration is individual and state-specific; the firm's registration does not cover its agents. An offer directed into and received in a state is made in that state, so physical presence is irrelevant. The de minimis client counts belong to the investment adviser provisions and create no free-solicitation allowance for agents.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- An individual employed by a registered broker-dealer answers the main telephone line, routes calls to registered personnel, and files paperwork. He never discusses securities or accepts orders. This individual:
- An investment adviser opens a small office in State Q and, during its first year, takes on only two clients who reside in State Q. Regarding State Q registration, the adviser:
- For purposes of the institutional exception from the broker-dealer definition, which of the following clients would NOT preserve the exception?
- Which statement about issuers under the Uniform Securities Act is correct?
- An agent's employing broker-dealer voluntarily withdraws its state registration. Absent any other affiliation, the agent's registration in that state:
- A registered broker-dealer discovers that information in its original state application has become materially inaccurate. The firm should:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 63 — Uniform Securities Agent State Law Exam · Cómo revisamos