Series 6 - Investment Company And Variable Contracts Products Representative Exam

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How long must a purchaser of an intrastate issue hold the stock before selling it to any resident of another state?

30 days after the purchase
A
60 days after the purchase
B
180 days after the purchase
C
365 days after the purchase
D

Explanations

Purchasers of an intrastate issue may not resell the stock to any resident of another state for at least six months after the purchase.

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