not necessarily that he know the illegality of his actions. As stated, Tennessee Code Annotated section 48-2-123(a) is virtually identical to section 409 of the 1956 Uniform Securities Act. The official comment to section 409 of the 1956 Unif 1995) (“To sustain a conviction [for willfully transacting business as an unregistered security agent] under the statute, it is not necessary to find that the accused realized his conduct was in violation of registration requirements.”); State v. Irons, 254 Neb. 18, 574 N.W.2d 144, 150 (1998) (“There is no requirement that the defendant purposely intended to violate the law in order to be convicted [for willfully selling unregistered securities].”); State v. Russell, 119 N.J.Super. 344, 291 A.2d 583, 587-88 (N.J.Super.Ct.App.Div.1972) (<HOLDING>). Two jurisdictions subscribe to the minority
holding that evidence was sufficient to support convictions for willfully engaging in fraudulent conduct in connection with sale of securities because kjnowledge that the act violates the securities laws  is not relevant holding that such information is not material under securities law holding it immaterial that one charged with willfully selling unregistered securities had no actual knowledge that he was violating the law because he was presumed to have and is chargeable with knowledge of the laws under which he was undertaking to do business holding that an auction sale by an unlicensed auctioneer did not invalidate the sale holding that a conviction for willful sale of unregistered securities through unregistered and unlicensed agents does not require knowledge that the law is being violated