Under the Securities Exchange Act of 1934, which of the following would result in statutory disqualification from association with an NASD member broker/dealer?
A) Engaging in a course of business that requires one to be registered as an investment adviser.
B) Court injunction prohibiting the individual from acting as an underwriter.
C) Loss of a civil lawsuit involving securities.
D) A lack of experience in the securities business.
Answer: B) Court injunction prohibiting the individual from acting as an underwriter.