Laws & Regulations第 96 / 110 题
Under the Uniform Securities Act, the Administrator may deny, suspend, or revoke a registration for which reason?
a.The applicant earns a high income
b.The applicant charges asset-based fees
c.The applicant refuses to accept discretionary accounts
d.The applicant has been convicted of a securities-related felony or engaged in dishonest practices
解析
The Administrator may deny, suspend, or revoke a registration when it is in the public interest and specific statutory grounds exist, such as a securities-related felony conviction, fraudulent or dishonest conduct, or willful violations of the act. Lawful business choices like charging asset-based fees are not grounds. These provisions safeguard investors and market integrity.
法律依据: Uniform Securities Act免费刷完整 110 道题库 — 无需注册。
同考点相关题目
- Under the Uniform Securities Act, how long must an investment adviser generally retain required books and records?
- An investment adviser representative who moves to a new advisory firm must generally do which of the following?
- An investment adviser exercising discretionary authority over a client account must generally obtain what?
- Under the Uniform Securities Act, which person is excluded from the definition of a 'broker-dealer' in a given state?
- The 'de minimis' exemption from state investment adviser registration generally applies when an adviser:
- Under the Investment Advisers Act of 1940, an advisory contract must generally provide that: