Welcome your purchase for our Series63 Exam Pattern exam torrent. As is an old saying goes: Client is god! Service is first! At the same time, as long as the user ensures that the network is stable when using our Series63 Exam Pattern training materials, all the operations of the learning material of can be applied perfectly. In order to save a lot of unnecessary trouble to users, we have completed our Uniform Securities Agent State Law Examination study questions research and development of online learning platform, users do not need to download and install, only need your digital devices have a browser, can be done online operation of the Series63 Exam Pattern test guide. The content of our Series63 Exam Pattern study materials has always been kept up to date.
Uniform Securities State Law Series63 So our customers can pass the exam with ease.
Our APP online version of Series63 - Uniform Securities Agent State Law Examination Exam Pattern exam questions has the advantage of supporting all electronic equipment. If you like to use computer to learn, you can use the Software and the APP online versions of the Valid Series63 Exam Online exam questions. If you like to write your own experience while studying, you can choose the PDF version of the Valid Series63 Exam Online study materials.
Besides, you can enjoy the best after-sales service. We believe that our Series63 Exam Pattern learning engine will meet your all needs. Please give us a chance to service you; you will be satisfied with our training prep.
FINRA Series63 Exam Pattern - And we give some discounts on special festivals.
Elementary Series63 Exam Pattern practice engine as representatives in the line are enjoying high reputation in the market rather than some useless practice materials which cash in on your worries. We can relieve you of uptight mood and serve as a considerate and responsible company with excellent Series63 Exam Pattern exam questions which never shirks responsibility. It is easy to get advancement by our Series63 Exam Pattern study materials. On the cutting edge of this line for over ten years, we are trustworthy company you can really count on.
Learning knowledge is just like building a house, our Series63 Exam Pattern training materials serve as making the solid foundation from the start with higher efficiency. Even if this is just the first time you are preparing for the exam, you can expect high grade.
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.
You can just look at the hot hit on our website on the EMC D-RP-DY-A-24 practice engine, and you will be surprised to find it is very popular and so many warm feedbacks are written by our loyal customers as well. What is more, you may think these high quality EMC D-GAI-F-01 preparation materials require a huge investment on them. EMC D-VXR-OE-23 - Please feel free to contact us if you have any problems. Our ISACA CISM-CN exam question will be constantly updated every day. Microsoft AZ-305 - Modern society needs solid foundation, broad knowledge, and comprehensive quality of compound talents.
Updated: May 26, 2022