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

解析

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.

法律依据: Uniform Securities Act

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