Registration第 31 / 100 题
Which statement about issuers under the Uniform Securities Act is correct?
a.An issuer is any person who issues or proposes to issue a security, and an issuer selling only its own securities is not a broker-dealer
b.An issuer must always register as a broker-dealer before selling its own securities
c.Only corporations can be issuers
d.An issuer is automatically an agent of the individuals who sell its shares
解析
The definition covers any person who issues or proposes to issue a security, which includes governments, partnerships, and trusts as well as corporations. Because a broker-dealer effects transactions for the accounts of others, an entity selling only its own securities falls outside that definition. The relationship in the last choice is backwards: individuals who sell for the issuer may be its agents.
法律依据: Uniform Securities Act免费刷完整 100 道题库 — 无需注册。
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