These are based on the Series63 Collection Materials Exam content that covers the entire syllabus. The Series63 Collection Materials practice test content is very easy and simple to understand. We offer money back guarantee if anyone fails but that doesn’t happen if one use our Series63 Collection Materials dumps. Good practice materials like our Uniform Securities Agent State Law Examination study question can educate exam candidates with the most knowledge. Do not make your decisions now will be a pity for good. So our Series63 Collection Materials exam prep receives a tremendous ovation in market over twenty years.
Our Series63 Collection Materials exam materials have plenty of advantages.
The software version of our Series63 - Uniform Securities Agent State Law Examination Collection Materials study engine is designed to simulate a real exam situation. As the leader in this career, we have been considered as the most popular exam materials provider. And our Reliable Series63 Exam Simulator practice questions will bring you 100% success on your exam.
It can be said that Series63 Collection Materials test guide is the key to help you open your dream door. We have enough confidence in our products, so we can give a 100% refund guarantee to our customers. Series63 Collection Materials exam questions promise that if you fail to pass the exam successfully after purchasing our product, we are willing to provide you with a 100% full refund.
FINRA Series63 Collection Materials - And the quality of our exam dumps are very high!
In order to survive in the society and realize our own values, learning our Series63 Collection Materials practice engine is the best way. Never top improving yourself. The society warmly welcomes struggling people. You will really benefit from your correct choice. Our Series63 Collection Materials study materials are ready to help you pass the exam and get the certification. You can certainly get a better life with the certification. Please make a decision quickly. We are waiting for you to purchase our Series63 Collection Materials exam questions.
What the certificate main? All kinds of the test Series63 Collection Materials certification, prove you through all kinds of qualification certificate, it is not hard to find, more and more people are willing to invest time and effort on the Series63 Collection Materials exam guide, because get the test Series63 Collection Materials certification is not an easy thing, so, a lot of people are looking for an efficient learning method. And here, fortunately, you have found the Series63 Collection Materials exam braindumps, a learning platform that can bring you unexpected experiences.
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.
SAP C-S4CFI-2402 - The product of Omgzlook not only can 100% guarantee you to pass the exam, but also can provide you a free one-year update service. If you buy our Salesforce Data-Cloud-Consultant study questions, you can enjoy the similar real exam environment. Juniper JN0-452 - However, you can choose many ways to help you pass the exam. Our Nutanix NCSE-Core study materials have three versions which are versions of PDF, Software/PC, and APP/Online. You can free download part of Omgzlook's exercises and answers about FINRA certification Fortinet FCP_FCT_AD-7.2 exam as a try, then you will be more confident to choose our Omgzlook's products to prepare your FINRA certification Fortinet FCP_FCT_AD-7.2 exam.
Updated: May 26, 2022