Laws & RegulationsCâu 2 / 100
An agent registered in State A takes an unsolicited order from a client who is vacationing in State B, where the agent is not registered. Which statement is most accurate?
a.The transaction is always prohibited because the agent is not registered in State B
b.The transaction may be permissible under a limited exemption for existing clients temporarily present in another state
c.The agent must immediately register in State B before accepting any order
d.The client must open a new account in State B for the order to be legal
Giải thích
An agent typically must be registered where the client is located, but limited exemptions exist for transactions with existing clients who are only temporarily present in another state. The order being unsolicited and the client's transient presence are relevant factors. This narrow relief prevents technical violations during travel.
Trích dẫn luật: Uniform Securities ActLuyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
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