Series 63 practice questioneasyAgent Registration — When Required
An individual who represents an issuer in a transaction involving which of the following securities would NOT need to register as an agent?
- ACommon stock of a technology startup
- BCorporate bonds of a Fortune 500 company
- CShares in a limited partnership
- DU.S. Treasury bonds✓ Correct answer
Explanation
Why D — U.S. Treasury bonds
Under USA Section 402(b), individuals representing issuers in transactions involving exempt securities, such as U.S. government securities, are not required to register as agents. U.S. Treasury bonds are exempt securities under USA Section 402(a), so the representative would not need agent registration for those transactions.
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