Series 63: 2.3.1. Agent—Definition

2.3.1. Agent—Definition

For the sake of being thorough, you should know how the Uniform Securities Act defines an agent. The USA states that an agent is:

any individual other than a broker-dealer who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales of securities.

One interesting point to note in the Uniform Securities Act’s definition of an agent is that people are considered agents even if they attempt to effect transactions. In other words, anyone