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NEW QUESTION: 1

A. Option D
B. Option A
C. Option B
D. Option C
Answer: C

NEW QUESTION: 2
割り当てられたIA管理の実施状況の評価に基づいて運用するための一時的な承認は次のうちどれですか?
A. DATO
B. ATO
C. IATT
D. IATO
Answer: D

NEW QUESTION: 3
Which of the following persons would not be required to register with the state as an agent under the guidelines of the Uniform Securities Act (USA)?
A. John is employed by TrustUs Corporation to sell shares of the firm's stock to the firm's employees and receives a commission on the shares he sells.
B. Stefan is a sales representative for SecureMoney Broker-Dealers and sells only mutual fund shares.
C. Preetham is part-owner of SecureMoney Broker-Dealers and executes the purchase and sale of securities for the firm's customers.
D. Keith is a salaried employee of Middlesex County in Massachusetts who sells revenue bonds issued by the county to the public.
Answer: D
Explanation:
Explanation/Reference:
Explanation: Keith would not have to register as an agent since he is a salaried employee of a county in Massachusetts selling county-issued bonds to the public. He is not representing a broker-dealer; he is not receiving a commission on the bonds he sells; and he is selling exempt (government-issued) securities.
John receives a commission on his sales, so he is considered to be an agent. Stefan is a sales representative employed by a broker-dealer, which makes him an agent under USA guidelines. Even though Preetham is part-owner of the broker-dealer for which he is effecting transactions, he is acting as an agent in doing so.


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A: Reach out to us here CPC FAQ and drop a message in the comment section with any questions you have related to the CPC Exam or our content. One of our moderators will assist you.

CPC Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CPC Exam.

CPC Exam Topics

Review the CPC especially if you are on a recertification. Make sure you are still on the same page with what AAPC wants from you.

CPC Offcial Page

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Check what resources you have available for studying.

Schedule the CPC Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.