Reasons for Disciplining an Agent
According to the Uniform Securities Act, agents may be disciplined for the same reasons as broker-dealers, investment advisers, and investment adviser representatives, assuming the order is in the public interest, including:
- 1. Filing Incomplete Paperwork
- 2. Violating State Securities Regulations
- 3. Within the last 10 years, Having Prior Felony Convictions or Securities Related Misdemeanors
- 4. Receiving Court-Ordered Limitations
- 5. Receiving Prior Disciplinary Orders of the Administrator
- 6. Within the last 10 years, Violations of Other Securities Acts
- 7. Unethical Behavior
- 8. Insolvency
- 9. Foreign Violations
- 10. Unqualified Agent
- 11. Failure to File
- 12. Practical Application
When Amy Adams was originally hired by the first firm she work