During your use of our Series63 Answers Free learning materials, we also provide you with 24 hours of free online services. Whenever you encounter any Series63 Answers Free problems in the learning process, you can email us and we will help you to solve them immediately. And you will find that our service can give you not only the most professional advice on Series63 Answers Free exam questions, but also the most accurate data on the updates. Our Series63 Answers Free exam questions are designed from the customer's perspective, and experts that we employed will update our Series63 Answers Free learning materials according to changing trends to ensure the high quality of the Series63 Answers Free practice materials. What are you still waiting for? Choosing our Series63 Answers Free guide questions and work for getting the certificate, you will make your life more colorful and successful. In order not to delay your review time, our Series63 Answers Free actual exam can be downloaded instantly.
Uniform Securities State Law Series63 Nowadays, it is hard to find a desirable job.
Uniform Securities State Law Series63 Answers Free - Uniform Securities Agent State Law Examination It is more and more important for us to keep pace with the changeable world and improve ourselves for the beautiful life. Luckily, we are going to tell you a good new that the demo of the New Guide Series63 Files study materials are easily available in our company. If you buy the study materials from our company, we are glad to offer you with the best demo of our study materials.
Whether you are newbie or experienced exam candidates, our Series63 Answers Free study guide will relieve you of tremendous pressure and help you conquer the difficulties with efficiency. If you study with our Series63 Answers Free practice engine for 20 to 30 hours, we can claim that you can pass the exam as easy as a pie. Why not have a try?
FINRA Series63 Answers Free - You must make a decision as soon as possible!
If we waste a little bit of time, we will miss a lot of opportunities. If we miss the opportunity, we will accomplish nothing. Then, life becomes meaningless. Our Series63 Answers Free preparation exam have taken this into account, so in order to save our customer’s precious time, the experts in our company did everything they could to prepare our Series63 Answers Free study materials for those who need to improve themselves quickly in a short time to pass the exam to get the Series63 Answers Free certification.
Next, I will detail the relevant information of our learning materials so that you can have a better understanding of our Series63 Answers Free guide training. Our Series63 Answers Free study tool prepared by our company has now been selected as the secret weapons of customers who wish to pass the exam and obtain relevant certification.
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.
EMC D-MN-OE-23 - Commonly speaking, people like the in-service staff or the students are busy and don’t have enough time to prepare the exam. Cisco 350-601 - We just want to provide you with the best service. Our SAP C_CPE_16 training guide has been well known in the market. We understand you can have more chances getting higher salary or acceptance instead of preparing for the IBM C1000-154 exam. But our PECB ISO-IEC-27001-Lead-Auditor-KR study guide will offer you the most professional guidance.
Updated: May 26, 2022