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. Willfully violating state or federal securities regulations, including the Uniform Securities Act
- 3. Within the last 10 years, having prior felony convictions or securities related misdemeanors
- 4. Receiving court-ordered limitations
- 5.