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A broker-dealer that is registered in Illinois and that is not registered in any other State may effect transactions in securities:

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Answer: with any existing customer who is a resident of Illinois and is on vacation anywhere in the United States.

Step-by-step explanation:

A broker-dealer is an economic agent that purchases and also sells securities for either its own account or transacts on behalf of its customers.

A broker-dealer that is registered in Illinois and that is not registered in any other State may effect transactions in securities with any existing customer who is a resident of Illinois and is on vacation anywhere in the United States.

User Badr Tazi
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