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Series 63: Remedies & Administrative Provisions
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?

  1. AComplete immunity from all consequences
  2. BProtection from imprisonment for that rule violation, though other consequences may remain✓ Correct answer
  3. CAutomatic dismissal of every civil claim
  4. DA mandatory warning instead of prosecution
Explanation

Why BProtection 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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