Series 63 practice questionmediumCriminal Penalties—Attempted Violations
A person willfully violates a rule issued under the USA but proves that the person had no knowledge of the rule. What protection does the model Act provide?
- AComplete immunity from all consequences
- BProtection from imprisonment for that rule violation, though other consequences may remain✓ Correct answer
- CAutomatic dismissal of every civil claim
- DA mandatory warning instead of prosecution
Explanation
Why B — Protection from imprisonment for that rule violation, though other consequences may remain
USA Section 409(a) provides that a person may not be imprisoned for violating a rule or order if the person proves lack of knowledge of that rule or order. It does not create complete immunity from fines, civil liability, or administrative action.
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