Wrong Answers 3 Flashcards
1
Q
An individual who is compensated by an issuer or a broker dealer to sell registered securities to the public is an
A
Agent
2
Q
If an individual acting on behalf of an issuer engages in the sake of securities issued by a savings institution organized and supervised under the laws of any state, which of the following statements is true?
A
The individual is not required to be registered
3
Q
Under the Uniform Securities Act, requirements for registration may include which of the following?2
A
An announcement of the application for registration in one or more newspapers in the state
Minimum capital requirements for broker dealer who do not have custody of client securities or funds