It not only can help you protect your eyes, but also it will be very convenient for you to make notes. We believe that you will like our Series63 Version exam prep. Maybe most of people prefer to use the computer when they are study, but we have to admit that many people want to learn buy the paper, because they think that studying on the computer too much does harm to their eyes. With three versions of products, our Series63 Version learning questions can satisfy different taste and preference of customers with different use: PDF & Software & APP versions. Without ambiguous points of questions make you confused, our Series63 Version practice materials can convey the essence of the content suitable for your exam. Our Series63 Version learning quiz can relieve you of the issue within limited time.
Uniform Securities State Law Series63 Action always speaks louder than words.
If you are satisfied with our Series63 - Uniform Securities Agent State Law Examination Version training guide, come to choose and purchase. Our Latest Exam Series63 Sample Questions exam materials are famous among candidates. Once they need to prepare an exam, our Latest Exam Series63 Sample Questions study materials are their first choice.
All experts and professors of our company have been trying their best to persist in innovate and developing the Series63 Version test training materials all the time in order to provide the best products for all people and keep competitive in the global market. We believe that the study materials will keep the top selling products. We sincerely hope that you can pay more attention to our Series63 Version study questions.
FINRA Series63 Version - What are you waiting for? Come and buy it now.
Different from all other bad quality practice materials that cheat you into spending much money on them, our Series63 Version exam materials are the accumulation of professional knowledge worthy practicing and remembering. All intricate points of our Series63 Version study guide will not be challenging anymore. They are harbingers of successful outcomes. And our website has already became a famous brand in the market because of our reliable Series63 Version exam questions.
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 Version study guide can help you to solve all these questions. Series63 Version certification training is compiled by many experts over many years according to the examination outline of the calendar year and industry trends.
Series63 PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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.
QUESTION NO: 5
Assuming the security is not registered under the Uniform Securities Act, which of the following would not
be exempt from state registration?
A. a variable annuity contract offered by an insurance company with offices in the state
B. a stock that is listed on the American Stock Exchange
C. a stock that is listed on the OTC Bulletin Board
D. a put option on a stock that sells in the over-the-counter market
Answer: C
Explanation: A stock that is listed on the OTC Bulletin Board would not be exempt from state registration
unless it already happens to be registered under the Uniform Securities Act. Variable annuities and stocks
listed on the American Stock Exchange are classified as federal covered securities by the NSMIA of
1996
and are exempt from state registration. An amendment to the Securities and Exchange Act of 1934 exempts option contracts from state registration.
Cisco 700-695 - For more textual content about practicing exam questions, you can download our products with reasonable prices and get your practice begin within 5 minutes. Fortinet FCP_FMG_AD-7.4 - Just make your own decisions. SAP P-SAPEA-2023 - And you can free donwload the demos to have a look. SAP P_BTPA_2408 - But even the best people fail sometimes. And our CompTIA 220-1101 study braindumps deliver the value of our services.
Updated: May 26, 2022