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NEW QUESTION: 1
Ari Gaunt is a registered agent employed by Small &Associates Broker-Dealers. He has been notified of a
hearing regarding the revocation of his license for making unauthorized trades on some of his clients'
accounts. Which of the following statements is necessarily true?
A. If Ari is found guilty and has his license revoked, Small & Associates will be subject to a fine.
B. If Ari is found guilty and has his license revoked, Small & Associates will have its license revoked as
well and must reapply for reinstatement by filling out an application and paying the requisite filing fees.
C. If Ari is found guilty and has his license revoked, he can appeal the decision in a court of law if he files
the appeal within sixty days.
D. The Administrator of the state can assess Ari with both civil and criminal penalties.
Answer: C
Explanation:
If Ari is found guilty of making unauthorized trades on his clients' accounts and has his
license revoked, he can appeal the decision in a court of law if he files the appeal within sixty days. Small
& Associates license is not in danger as long as the firm has been providing competent supervision of Ari
and its other agents. It will not be required to pay a fine based on Ari's fraudulent activities. Ari may end
up with civil and criminal penalties, but the Administrator cannot assess them. Only a court of law can do
that.
NEW QUESTION: 2
Answer:
Explanation:
Explanation
NEW QUESTION: 3
A. Option A
B. Option D
C. Option B
D. Option E
E. Option C
Answer: A
NEW QUESTION: 4
What are the two variants of NTPv4? (Choose two.)
A. unicast
B. client/server
C. multicast
D. asymmetric
E. broadcast
Answer: B,E