Laws & RegulationsCâu 25 / 100
Under the Uniform Securities Act, the statute of limitations for a purchaser to bring a civil suit for a violation is generally:
a.Ten years from the sale regardless of discovery
b.Unlimited
c.The earlier of two years after discovery or three years after the sale (subject to state variation)
d.Thirty days after the sale
Giải thích
Civil liability suits are generally subject to a statute of limitations tied to discovery of the violation and the date of sale, commonly framed as two years after discovery or three years after the transaction, subject to state adoption. This limits stale claims. Exact periods can vary by state enactment.
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 IAR recommends a securities transaction that will generate a large commission for the IAR's affiliated broker-dealer. To act ethically, the IAR must at minimum:
- Which of the following is generally an exempt security under the Uniform Securities Act?
- An agent guarantees a customer against loss on a stock recommendation to close the sale. This practice is:
- A remedy available to a defrauded purchaser under the civil liability provisions of the Act typically allows recovery of:
- An investment adviser exercises discretion in a client account. Under the Uniform Securities Act, this generally requires:
- NASAA's model rule on unethical business practices of investment advisers would consider which of the following a violation?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 66 Uniform Combined State Law Exam · Quy trình kiểm tra