Within one year, we will send the latest version to your mailbox with no charge if we have a new version of Series63 Study Guide learning materials. We will also provide some discount for your updating after a year if you are satisfied with our Series63 Study Guide exam questions. And if you find that your version of the Series63 Study Guide practice guide is over one year, you can enjoy 50% discount if you buy it again. Whenever you encounter any Series63 Study Guide 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 Study Guide exam questions, but also the most accurate data on the updates. What are you still waiting for? Choosing our Series63 Study Guide guide questions and work for getting the certificate, you will make your life more colorful and successful.
Uniform Securities State Law Series63 Why not have a try?
If there is new information about the exam, you will receive an email about the newest information about the Series63 - Uniform Securities Agent State Law Examination Study Guide learning dumps. With our Exam Series63 Questions And Answers exam questions, you will easily get the favor of executives and successfully enter the gates of famous companies. You will have higher wages and a better development platform.
Although the three major versions of our Series63 Study Guide exam dumps provide a demo of the same content for all customers, they will meet different unique requirements from a variety of users based on specific functionality. The most important feature of the online version of our Series63 Study Guide learning materials are practicality. The online version is open to all electronic devices, which will allow your device to have common browser functionality so that you can open our products.
FINRA Series63 Study Guide - 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 Study Guide 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 Study Guide study materials for those who need to improve themselves quickly in a short time to pass the exam to get the Series63 Study Guide certification.
Our Series63 Study Guide 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. If you are agonizing about how to pass the exam and to get the FINRA certificate, now you can try our learning materials.
Series63 PDF DEMO:
QUESTION NO: 1
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.
QUESTION NO: 2
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: 3
Assuming the security is not registered under the Uniform Securities Act, which of the following would not
be exempt from state registration?
A. a variable annuity contract offered by an insurance company with offices in the state
B. a stock that is listed on the American Stock Exchange
C. a stock that is listed on the OTC Bulletin Board
D. a put option on a stock that sells in the over-the-counter market
Answer: C
Explanation: A stock that is listed on the OTC Bulletin Board would not be exempt from state registration
unless it already happens to be registered under the Uniform Securities Act. Variable annuities and stocks
listed on the American Stock Exchange are classified as federal covered securities by the NSMIA of
1996
and are exempt from state registration. An amendment to the Securities and Exchange Act of 1934 exempts option contracts from state registration.
QUESTION NO: 4
The 1988 Insider and Securities Enforcement Act indicates that a person convicted of insider trading can
be subject to which of the following penalties?
A. up to 10 years in prison and a fine of $1 million or up to 3 times the amount of profits gained, or
B. up to 3 years in prison, a $5,000 fine, or both
C. up to 5 years in prison and a fine of $1,500,000 or both
D. up to 7 years in prison and a fine equal to 200% of the amount of profits gained or losses avoided
Answer: A
Explanation: The 1988 Insider Trading and Securities Enforcement Act increased the penalties for a person convicted of insider trading to up to 10 years in prison and a fine of $1 million or up to 3 times the
amount of profits gained, or losses avoided.
QUESTION NO: 5
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.
SAP C-THR83-2405 - The client only need to spare 1-2 hours to learn our Uniform Securities Agent State Law Examination study question each day or learn them in the weekends. IBM C1000-168 - We just want to provide you with the best service. EMC D-VXR-DY-23 - As a matter of fact, we receive thousands of the warm feedbacks to thank us for helping them pass the exam. Omgzlook is famous for our company made these HP HPE0-S59 exam questions with accountability. But our Salesforce CRT-403 study guide will offer you the most professional guidance.
Updated: May 26, 2022