How do you stand out? Obtaining Series63 Dumps Files certification is a very good choice. Our Series63 Dumps Files study materials can help you pass test faster. You can take advantage of the certification. Our Series63 Dumps Files exam review contains the latest test questions and accurate answers along with the professional explanations. A little attention to prepare Series63 Dumps Files practice test will improve your skills to clear exam with high passing score. Let me tell the advandages of using the Series63 Dumps Files practice engine.
Our Series63 Dumps Files exam materials have plenty of advantages.
Friends or workmates can also buy and learn with our Series63 - Uniform Securities Agent State Law Examination Dumps Files practice guide together. As the leader in this career, we have been considered as the most popular exam materials provider. And our Test Series63 Collection practice questions will bring you 100% success on your exam.
Over the years, Series63 Dumps Files exam questions have helped tens of thousands of candidates successfully pass professional qualification exams, and help them reach the peak of their career. It can be said that Series63 Dumps Files 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.
FINRA Series63 Dumps Files - The society warmly welcomes struggling people.
Today, in an era of fierce competition, how can we occupy a place in a market where talent is saturated? The answer is a certificate. What the certificate main? All kinds of the test Series63 Dumps Files 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 Dumps Files exam guide, because get the test Series63 Dumps Files 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 Dumps Files exam braindumps, a learning platform that can bring you unexpected experiences.
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 choose Omgzlook, success is not far away for you.
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
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: 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.
SASInstitute A00-406 - For example, the software version can simulate the real exam environment. But enrolling in the FINRA certification Juniper JN0-252 exam is a wise choice, because in today's competitive IT industry, we should constantly upgrade ourselves. And the APP online version of our Microsoft MS-721 exam dumps can support all kinds of electronic devices. You can free download part of Omgzlook's exercises and answers about FINRA certification EMC D-VXR-DY-23 exam as a try, then you will be more confident to choose our Omgzlook's products to prepare your FINRA certification EMC D-VXR-DY-23 exam. And our experts generalize the knowledge of the EMC D-OME-OE-A-24 exam into our products showing in three versions.
Updated: May 26, 2022