In recent years, the market has been plagued by the proliferation of learning products on qualifying examinations, so it is extremely difficult to find and select our Series63 Collection Materials test questions in many similar products. However, we believe that with the excellent quality and good reputation of our study materials, we will be able to let users select us in many products. Our study materials allow users to use the Series63 Collection Materials certification guide for free to help users better understand our products better. In addition, it is very easy and convenient to make notes during the study for Series63 Collection Materials real test, which can facilitate your reviewing. When you choose Omgzlook practice test engine, you will be surprised by its interactive and intelligence features. After we develop a new version, we will promptly notify you.
Uniform Securities State Law Series63 And then, you can learn anytime, anywhere.
Now you can learn Series63 - Uniform Securities Agent State Law Examination Collection Materials skills and theory at your own pace and anywhere you want with top of the Series63 - Uniform Securities Agent State Law Examination Collection Materials braindumps, you will find it's just like a pice a cake to pass Series63 - Uniform Securities Agent State Law Examination Collection Materialsexam. And our content of the Latest Series63 Exam Questions exam questions are based on real exam by whittling down superfluous knowledge without delinquent mistakes. At the same time, we always keep updating the Latest Series63 Exam Questions training guide to the most accurate and the latest.
Our professional online staff will attend you on priority. Contrary to most of the Series63 Collection Materials exam preparatory material available online, Omgzlook’s dumps can be obtained on an affordable price yet their quality and benefits beat all similar products of our competitors. They will prove the best alternative of your time and money.
FINRA Series63 Collection Materials - Trust us and give yourself a chance to success!
Our Series63 Collection Materials training materials are regarded as the most excellent practice materials by authority. Our company is dedicated to researching, manufacturing, selling and service of the Series63 Collection Materials study guide. Also, we have our own research center and experts team. So our products can quickly meet the new demands of customers. That is why our Series63 Collection Materials exam questions are popular among candidates. we have strong strenght to support our Series63 Collection Materials practice engine.
There are so many advantages of our Series63 Collection Materials actual exam, and you are welcome to have a try! We have put substantial amount of money and effort into upgrading the quality of our Series63 Collection Materials preparation materials, into our own Series63 Collection Materials sales force and into our after sale services.
Series63 PDF DEMO:
QUESTION NO: 1
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: 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
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: 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
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.
Google Professional-Cloud-Architect - Time is flying and the exam date is coming along, which is sort of intimidating considering your status of review process. ISACA CISM - We also provide every candidate who wants to get certification with free Demo to check our materials. Amazon SOA-C02 - It will add more colors to your life. Our experts have great familiarity with Cisco 300-425 real exam in this area. Omgzlook provide exam materials about HP HPE7-A02 certification exam for you to consolidate learning opportunities.
Updated: May 26, 2022