Under the Securities Exchange Act of 1934, which of the following would NOT be grounds for disqualification of a broker/dealer's registration?

Under the Securities Exchange Act of 1934, which of the following would NOT be grounds for disqualification of a broker/dealer's registration?


A) Violating a securities act.
B) Being sued by a client.
C) Conviction of misappropriation of client funds.
D) Prohibition by court order from practicing as an investment adviser.


Answer: B) Being sued by a client.


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