Series 79 practice questionmediumSEC Enforcement Actions
Which of the following is a possible outcome of an SEC administrative proceeding for a registered representative found to have violated antifraud provisions?
- AAutomatic criminal prosecution
- BReinstatement of registration
- CAward of treble damages to investors
- DSuspension or revocation of registration✓ Correct answer
Explanation
Why D — Suspension or revocation of registration
The SEC may suspend or revoke a violator’s registration via administrative proceedings. Criminal prosecution is handled by DOJ, not the SEC.
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