A major concern of state regulators is the commission of dishonest or unethical actions by broker-dealers and their agents. In order to give those securities professionals a guide for determining which practices would be considered prohibited, NASAA issued a Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents. Under that policy, it would be considered an unethical business practice for an agent of a broker-dealer to