During your preparation, Series63 Duration exam torrent will accompany you to the end. The contents of Series63 Duration test questions are compiled strictly according to the content of the exam. The purpose of our preparation of our study materials is to allow the students to pass the exam smoothly. So our Series63 Duration exam braindumps are triumph of their endeavor. By resorting to our Series63 Duration practice dumps, we can absolutely reap more than you have imagined before. And our expert team updates the Series63 Duration study guide frequently to let the clients practice more.
Our Series63 Duration practice quiz is unique in the market.
Uniform Securities State Law Series63 Duration - Uniform Securities Agent State Law Examination With our study materials, you only need 20-30 hours of study to successfully pass the exam and reach the peak of your career. And our website has already became a famous brand in the market because of our reliable Series63 Reliable Exam Simulator Fee exam questions. Different from all other bad quality practice materials that cheat you into spending much money on them, our Series63 Reliable Exam Simulator Fee exam materials are the accumulation of professional knowledge worthy practicing and remembering.
Are you still feeling distressed for expensive learning materials? Are you still struggling with complicated and difficult explanations in textbooks? Do you still hesitate in numerous tutorial materials? Series63 Duration study guide can help you to solve all these questions. Series63 Duration certification training is compiled by many experts over many years according to the examination outline of the calendar year and industry trends. Series63 Duration study guide not only apply to students, but also apply to office workers; not only apply to veterans in the workplace, but also apply to newly recruited newcomers.
FINRA Series63 Duration - You can directly select our products.
According to personal propensity and various understanding level of exam candidates, we have three versions of Series63 Duration study guide for your reference. They are the versions of the PDF, Software and APP online. If you visit our website on our Series63 Duration exam braindumps, then you may find that there are the respective features and detailed disparities of our Series63 Duration simulating questions. And you can free donwload the demos to have a look.
So every year a large number of people take Series63 Duration tests to prove their abilities. But even the best people fail sometimes.
Series63 PDF DEMO:
QUESTION NO: 1
An investment adviser or its representative may
A. only exercise any discretionary power in the purchase or sale of securities for a client's account after
receiving written authority prior to the execution of the transactions.
B. exercise discretionary power in the purchase or sale of securities for a client's account as long as it receives written discretionary authority over the account within 10 business days of the first discretionary
transaction placed, assuming oral authority has already been given.
C. exercise discretionary power in the purchase or sale of securities for a client's account as long as
D. exercise discretionary power in the purchase or sale of securities for a client's account only after
Answer: B
Explanation: An investment adviser or its representative may exercise discretionary power in the purchase or sale of securities for a client's account as long as it receives written discretionary authority
over the account within 10 business days of the first transaction placed, assuming oral authority has already been given.
QUESTION NO: 2
Which of the following would be an unsuitable recommendation for your 68-year-old client?
A. a Treasury Inflation Protected Security (TIPS)
B. a deferred annuity
C. an S&P 500 Index mutual fund
D. a high quality corporate bond fund
Answer: B
Explanation: A deferred annuity would be an unsuitable recommendation for your 68-year-old client.
These annuities charge significant penalties for early withdrawals-and "early" can mean before 10 years,
or even longer. A 68-year-old client may have the need to withdraw his money early to make medical payments.
QUESTION NO: 3
A broker-dealer of commodity futures contracts has been profiting by trading for its own account either
before or after executing a client's trade on the same commodity, depending on which will be most advantageous. Under the Uniform Securities Act, the broker-dealer is guilty of
A. fraud.
B. churning.
C. unauthorized transactions.
D. nothing. The Uniform Securities Act (USA) deals only with securities, and a commodity futures contract
is not a security.
Answer: D
Explanation: A broker-dealer of commodity futures contracts is guilty of nothing under the Uniform
Securities Act since a commodity futures contract is not a security as defined by the USA. The broker-dealer may, however, find himself in trouble with the Commodity Futures Trading
Commission,
which is the regulatory agency of the futures market.
QUESTION NO: 4
A limited power-of-attorney gives the designated person the right to
I. order the sale of an asset owned by the account holder and have a check written to the account holder
for the amount of the proceeds.
II. obtain account statements, including tax statements, on behalf of the account holder.
III. order the purchase of an asset for the account holder's account.
A. I, II, and III
B. I and II only
C. II and III only
D. I and III only
Answer: C
Explanation: Only Selections II and III are true. A limited power-of-attorney gives the designated person
the right to obtain account statements, including tax statements, on behalf of the account holder and to
order the purchase of an asset for the account holder's account. Only a full (or unlimited) power-of-attorney allows the designated person to withdraw any proceeds from the account.
QUESTION NO: 5
When selling shares in a closed-end investment company, an agent must inform the client of any
I. commissions
II. underwriting fees
III. miscellaneous offering expenses
A. I, II and III
B. I only
C. I and II only
D. I and III only
Answer: A
Explanation: When selling shares in a closed-end investment company, an agent must inform the client of
any commissions, underwriting fees, or miscellaneous other offering expenses involved.
Our Microsoft AZ-305-KR real questions can offer major help this time. EMC D-XTR-OE-A-24 - There are plenty of people who took a lot of energy and time but finally failed to pass. One decision will automatically lead to another decision, we believe our VMware 3V0-31.24 guide dump will make you fall in love with our products and become regular buyers. Obtaining the SAP C_THR70_2404 certification is not an easy task. If you are interested in SAP C_TS422_2023 exam material, you only need to enter our official website, and you can immediately download and experience our trial PDF file for free.
Updated: May 26, 2022