Review Topics
Practice Exams
When taking your exam, don't think about the song "Camptown Races." (We said, DON'T think about the song. Or going to the bathroom.)

Guilty as Charged

Dashboard > Violations > Guilty as Charged

Guilty as Charged

Ardele gave a satisfied grunt when she heard the sentence. Myron and Larry were proven to be guilty of ten violations. With each violation carrying a three-year sentence, plus a $5,000 fine, they were both looking at 30 years in prison and $50,000 in fines.

They were on the hook for:

  • Fraud
  • Unauthorized transactions
  • Churning
  • Unsuitable recommendations
  • Misrepresenting the status of customer accounts
  • Insider information
  • Selling away
  • Acting as Principal
  • Agency Cross Transactions
  • Failing to register as an...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

Next: NASAA's Dishonest or Unethical Business Practices of Broker-Dealers and Agent  
  Prev: Willful Violation

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.