Administration & LiabilityCâu 100 / 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
Giải thích
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.
Trích dẫn luật: Uniform Securities ActLuyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An Administrator has jurisdiction over an offer or sale when:
- Regarding records of registered broker-dealers and investment advisers, the Administrator:
- Which statement about the Administrator's rulemaking authority is correct?
- Which of the following may the Administrator NOT do?
- A non-resident broker-dealer is sued under a state's securities act. Because the firm filed a consent to service of process, legal papers may be:
- After an investigation, the Administrator concludes that a person has willfully violated the act and that criminal charges are appropriate. The Administrator may:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 63 — Uniform Securities Agent State Law Exam · Quy trình kiểm tra