Under the USA, which of the following best describes automatic agent registration?

1. AWhen an agent passes the Series 63 exam, they are automatically registered in all states.
2. BWhen a firm registers as a broker-dealer, partners, officers, or directors who will act as agents are automatically registered as agents upon firm registration.✓ Correct answer
3. CWhen a broker-dealer registers as an investment adviser, all agents are automatically registered as IARs.
4. DThere is no provision for any form of automatic agent registration under the USA.

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