Our experts have plenty of experience in meeting the requirement of our customers and try to deliver satisfied Series63 Test exam guides to them. Our Series63 Test exam prepare is definitely better choice to help you go through the test. Our company keeps pace with contemporary talent development and makes every learners fit in the needs of the society. To ensure that our products are of the highest quality, we have tapped the services of FINRA experts to review and evaluate our Series63 Test certification test materials. In fact, we continuously provide updates to every customer to ensure that our Series63 Test products can cope with the fast changing trends in Series63 Test certification programs. We have made all efforts to update our products in order to help you deal with any change, making you confidently take part in the Series63 Test exam.
Uniform Securities State Law Series63 Actually, you must not impoverish your ambition.
Now, let us show you why our Series63 - Uniform Securities Agent State Law Examination Test exam questions are absolutely your good option. Besides, without prolonged reparation you can pass the Series63 Reliable Exam Questions Answers exam within a week long. Everyone's life course is irrevocable, so missing the opportunity of this time will be a pity.
So 20-30 hours of study is enough for you to deal with the exam. When you get a Series63 Test certificate, you will be more competitive than others, so you can get a promotion and your wages will also rise your future will be controlled by yourselves. The questions of our Series63 Test guide questions are related to the latest and basic knowledge.
It all starts from our FINRA Series63 Test learning questions.
Only 20-30 hours on our Series63 Test learning guide are needed for the client to prepare for the test and it saves our client’s time and energy. Most people may wish to use the shortest time to prepare for the test and then pass the test with our Series63 Test study materials successfully because they have to spend their most time and energy on their jobs, learning, family lives and other important things. Our Series63 Test study materials can satisfy their wishes and they only spare little time to prepare for exam.
And it is easy to learn and understand our Series63 Test exam questions. When you see other people in different industry who feel relaxed with high salary, do you want to try another field? And is the difficulty of learning a new piece of knowledge often deterring you? It doesn't matter, now Series63 Test practice exam offers you a great opportunity to enter a new industry.
Series63 PDF DEMO:
QUESTION NO: 1
You have recently discovered that a security you purchased has not been registered with the state, nor is
it exempt from registration. You can file a civil claim against the seller as long as you do so within
A. five years.
B. three years from discovery or five years from the event, whichever comes first.
C. two years from discovery or three years from the event, whichever comes first.
D. one year from discovery.
Answer: C
Explanation: If you discover that a security you purchased has not been registered with the state and was
sold unlawfully, you can file a civil claim against the seller as long as you do so within two years from discovery or three years from the event, whichever comes first, under the guidelines of the Uniform
Securities Act. Therefore, if you know about an unlawful sale for more than two years or if the sale took
place more than three years ago, you cannot sue. The statute of limitations has expired.
QUESTION NO: 2
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: 3
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: 4
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: 5
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.
We can make sure that our Microsoft MB-800 study materials have the ability to help you solve your problem, and you will not be troubled by these questions above. Take a look at IBM C1000-174 preparation exam, and maybe you'll find that's exactly what you've always wanted. We can promise that if you buy our products, it will be very easy for you to pass your Cisco 700-805 exam and get the certification. If you compare the test to a battle, the examinee is like a brave warrior, and the good IBM C1000-173 learning materials are the weapon equipments, but if you want to win, then it is essential for to have the good IBM C1000-173 study guide. With a total new perspective, EMC D-VPX-DY-A-24 study materials have been designed to serve most of the office workers who aim at getting an exam certification.
Updated: May 26, 2022