An agent in State Z is selling securities in a registered offering, but only provides a summary of the prospectus at the time of sale. Under the USA, the agent's action is:

1. AA violation because full prospectus delivery is required✓ Correct answer
2. BAcceptable if the summary is accurate
3. CAllowed if the investor signs a waiver
4. DNot a violation if the agent gives a verbal explanation

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