As set forth in the Uniform Securities Act as amended, a broker-dealer may avoid the registration requirement in this state:

Each of the following represent securities instruments with the exception of:

Exclusions from the definition of investment adviser include:

Under what circumstances may a broker-dealer refuse to ship stock certificates to a customer who has requested they be shipped to the customer’s home?

I.    the shares have been hypothecated

II.   the shares are part of a tenancy in common account with a co-tenant living in another state

III.  the customer owns less than 100 shares, which is the standard unit of trading known as a ‘round lot.’

IV.  the purchase transaction for those shares has not settled yet.

Differences between an unsolicited issuer transaction and an unsolicited non-issuer transaction include:

An investment adviser is required to provide a Brochure to its clients unless:

Consent to Service of Process is required as part of all applications submitted to an Administrator by those seeking registration as:

Highlighting parts of a prospectus, or underlining certain portions to emphasize their importance to your customer who is considering making an investment in a particular offering is:

Certain issuers are granted an exemption from securities registration under the USA. When an issuer claims such an exemption,

At the conclusion of an investigation, an Administrator is preparing to have a broker-dealer’s registration revoked. Under the USA, each of the below statements is true except: