Laws & Regulations第 90 / 110 题

Under the Uniform Securities Act, the antifraud provisions apply to which persons?

a.Only advisers registered with the SEC
b.Anyone who offers or sells securities or provides investment advice, whether registered or not
c.Only broker-dealers, never investment advisers
d.Only issuers of new securities

解析

The antifraud provisions of the Uniform Securities Act reach any person who offers, sells, or advises on securities, regardless of whether that person is registered. Registration status does not exempt anyone from liability for fraud. This broad reach is a cornerstone of investor protection under state law.

法律依据: Uniform Securities Act

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