And the quality of our exam dumps are very high! The procedures of buying our Series63 Test Materials study materials are simple and save the clients’ time. We will send our Series63 Test Materials exam question in 5-10 minutes after their payment. The society warmly welcomes struggling people. You will really benefit from your correct choice. And here, fortunately, you have found the Series63 Test Materials exam braindumps, a learning platform that can bring you unexpected experiences.
Uniform Securities State Law Series63 Everyone has their own dreams.
Most of the experts have been studying in the professional field for many years and have accumulated much experience in our Series63 - Uniform Securities Agent State Law Examination Test Materials practice questions. It is famous for the most comprehensive and updated by the highest rate. It also can save time and effort.
Passing Series63 Test Materials exam can help you find the ideal job. If you buy our Series63 Test Materials test prep you will pass the exam easily and successfully，and you will realize you dream to find an ideal job and earn a high income. Our product is of high quality and the passing rate and the hit rate are both high.
FINRA Series63 Test Materials - If you fail, don't forget to learn your lesson.
All exam materials in Series63 Test Materials learning materials contain PDF, APP, and PC formats. They have the same questions and answers but with different using methods. If you like to take notes randomly according to your own habits while studying, we recommend that you use the PDF format of our Series63 Test Materials study guide. And besides, you can take it with you wherever you go for it is portable and takes no place. So the PDF version of our Series63 Test Materials exam questions is convenient.
Downloading the Series63 Test Materials free demo doesn't cost you anything and you will learn about the pattern of our practice exam and the accuracy of our Series63 Test Materials test answers. We constantly check the updating of Series63 Test Materials vce pdf to follow the current exam requirement and you will be allowed to free update your pdf files one-year.
Series63 PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
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: 5
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.
We often ask, what is the purpose of learning? Why should we study? Why did you study for SAP C-THR89-2405exam so long? As many people think that, even if one day we forget the formula for the area of a triangle, we can still live very well, but if it were not for the knowledge of learning SAP C-THR89-2405 exam and try to obtain certification, how can we have the opportunity to good to future life? So, the examination is necessary, only to get the test SAP C-THR89-2405 certification, get a certificate, to prove better us, to pave the way for our future life. Our Microsoft PL-500-CN practice exam available in three modes, pdf files, and PC test engine and online test engine, which apply to any level of candidates. Improving your efficiency and saving your time has always been the goal of our EMC D-CS-DS-23 preparation exam. Expand your knowledge and your potential earning power to command a higher salary by earning the GitHub GitHub-Foundations best study material. Genesys GCX-SCR - The clients can choose the version which supports their equipment on their hands to learn.
Updated: May 26, 2022