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It has come to the attention of the Administrator of the state that Samuel Shyster provided false information on his application to become a registered investment adviser with the state. Prior to revoking Samuel's license, the Administrator will provide Samuel with which of the following? I. prior notice II. an opportunity to fill out a new registration statement III. an opportunity for a hearing IV. a written statement regarding the facts and the legal consequences
Correct Answer: C
Explanation Prior to revoking Samuel's license, the Administrator will provide Samuel with prior notice (I), an opportunity for a hearing (III), and a written statement regarding the facts and the legal consequences (IV).