I'm Shocked! :eek: I've never heard such prudent advice from a boat store salesperson before!
Just kidding (mostly).
Actually he's absolutely correct. It's not "law" per say, but it is the ABYA guideline, and more importantly it's good practice. You should only use proper "seacocks" for below the waterline thru-hull installations. Ball valves that just screw on the end of the thru-hull are unsupported, and actually even have incompatible threads (tapered rather than straight) so they won't engage the thruhull for more than a couple threads. Bad idea.
For a good video lesson on the subject go to ZMIseminars.com. Zimmerman Marine is a boatyard where Steve D'antonio works, and he's a frequent contributor to Ocean Navigator, on subjects of boat maintenance. He made a dozen or so short video seminars on different subjects, and thruhulls is one of them.