Solved

You Had the Misfortune of Working as a Registered Agent

Question 162

Multiple Choice

You had the misfortune of working as a registered agent for an unscrupulous broker-
Dealer. You weren't privy to any of it, but apparently, your broker-dealer was guilty of some fraudulent activities and has had his license revoked. In this instance,


A) you can simply find another broker-dealer to hire you and have your license transferred to him.
B) you are no longer a licensed agent with the state and must reapply for a license in order to work for another broker-dealer.
C) the state Administrator will assign you and any other affected agents to work for other broker-dealers registered with the state.
D) you must wait until the broker-dealer's day in court before you can work in the securities industry again because the Administrator will want to be certain that you knew nothing of it.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents