Which of the following statements about agents is (are) false?

• A.If an agent files for bankruptcy, the Administrator may elect to terminate that agent's registration if the Administrator believes it is "in the public interest" to do so.
• B.When an agent has a change of address, both he and his broker-dealer affiliate must inform the Administrator.
• C.An agent must demonstrate a specific minimum level of financial stability for his registration application to be accepted.
• D.All of the above are false statements.

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When a customer files a complaint with a broker-dealer,
I. the broker-dealer must submit the complaint to the firm's compliance department.
II. the broker-dealer must provide a prompt written response to the complainant.
III. the broker-dealer must temporarily suspend the activities of any agent named in the complaint.

• A.I, II and III
• B.I and II only
• C.I and III only
• D.II and III only

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A "notice filing" refers to

• A.the right of an issuer to run tombstone ads in the newspapers and other publications upon filing a
  registration application with the state Administrator.
• B.the filing by a federal covered investment adviser of forms already filed with the SEC along with a
  consent to service of process with the state Administrator.
• C.a document that the issuer must file with the SEC informing the SEC that the firm has applied to the
  state for registration of its new security.
• D.notification to the public by the issuer or its underwriters that the issue is being sold on an "all or
  nothing" basis.

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An agent cannot tell a client that a mutual fund is "no load" if the fund has
I. a front-end load
II. a contingent deferred sales load
III. 12b-1 fees

• A.I, II or III
• B.I or II only
• C.I only
• D.I or III only

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Mr. Bigwig, CEO of HiGrowth Corporation, meets with the president of BigFee Investment Bankers and
arranges for BigFee to underwrite an Initial Public Offering (IPO) for the firm. When the IPO comes to
market, GetErDone Broker-Dealers is part of the selling group, which handles the sale of the stock to the
public. In this scenario, which party is the issuer?

• A.HiGrowth Corporation
• B.Mr. Bigwig
• C.BigFee Investment Bankers
• D.GetErDone Broker-Dealers

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