The amazing quality of our Series63 Test Papers learning questions can totally catch eyes of exam candidates with passing rate up to 98 to 100 percent. As one of the leading brand in the market, our Series63 Test Papers exam materials can be obtained on our website within five minutes. As long as you pay for our Series63 Test Papers study guide successfully, then you will receive it quickly. It has been a generally accepted fact that the Series63 Test Papers exam reference guide from our company are more useful and helpful for all people who want to pass exam and gain the related exam. We believe this resulted from our constant practice, hard work and our strong team spirit. As a result, Series63 Test Papers real exam win worldwide praise and acceptance.
Uniform Securities State Law Series63 We guarantee you 100% to pass the exam.
Uniform Securities State Law Series63 Test Papers - Uniform Securities Agent State Law Examination Besides, it can all the time provide what you want. Many people find FINRA Series63 Reliable Exam Review exam training materials in the network. But they do not know which to believe.
Having a FINRA Series63 Test Papers certification can enhance your employment prospects,and then you can have a lot of good jobs. Omgzlook is a website very suitable to candidates who participate in the FINRA certification Series63 Test Papers exam. Omgzlook can not only provide all the information related to the FINRA certification Series63 Test Papers exam for the candidates, but also provide a good learning opportunity for them.
FINRA Series63 Test Papers Exam is a milestone in your career.
Have you ever tried our IT exam certification software provided by our Omgzlook? If you have, you will use our Series63 Test Papers exam software with no doubt. If not, your usage of our dump this time will make you treat our Omgzlook as the necessary choice to prepare for other IT certification exams later. Our Series63 Test Papers exam software is developed by our IT elite through analyzing real Series63 Test Papers exam content for years, and there are three version including PDF version, online version and software version for you to choose.
Do you want to pass the FINRA Series63 Test Papers exam better and faster? Then please select the Omgzlook. It can help you achieve your dreams.
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.
We constantly updated the Juniper JN0-683 exam materials at the same time with the exam update. Will you seize Omgzlook to make you achievement? Omgzlook FINRA VMware 6V0-32.24 certification training materials will guarantee your success. Besides, the detailed answers analysis provided by our professionals will make you be more confidence to pass IBM C1000-178 exam. FINRA SAP C_THR12_2311 exam is very popular in IT field. If you want to know our HP HPE0-V28 test questions materials, you can download our free demo now.
Updated: May 26, 2022