Series 10 Exam Question 3: Answer and Explanation

Question: 3

All of the following personnel are exempt from the registration requirement, EXCEPT:

• A. A manager who acts as a liaison between the firm and the board of directors.
• B. A clerk in the back office who inputs new account information into the firm's computer.
• C. The firm's Web designer, who posts information about market conditions on the firm's website.
• D. A sales assistant who occasionally accepts a customer's order.

Correct Answer: D

Explanation:

The sales assistant who accepts orders would have to register.