People often complain that they are wasting their time on study and work. They do not have time to look at the outside world. Now, Series63 Test Pattern exam guide gives you this opportunity. The comprehensive contents of Series63 Test Pattern practice torrent can satisfied your needs and help you solve the problem in the actual test easily. Now, choose our Series63 Test Pattern study practice, you will get high scores. A lot of professional experts concentrate to making our Series63 Test Patternpreparation materials by compiling the content so they have gained reputation in the market for their proficiency and dedication.
Uniform Securities State Law Series63 Then you will be confident in the actual test.
Our Series63 - Uniform Securities Agent State Law Examination Test Pattern training quiz will be your best teacher who helps you to find the key and difficulty of the exam, so that you no longer feel confused when review. Mostly choice is greater than effort. Well-pointed preparation for your test will help you save a lot of time.
Our study materials will help you get the according certification you want to have. Believe me, after using our study materials, you will improve your work efficiency. You will get more opportunities than others, and your dreams may really come true in the near future.
FINRA Series63 Test Pattern - Omgzlook will never disappoint you.
If you are not satisfied with the function of PDF version which just only provide you the questions and answers, the APP version of Series63 Test Pattern exam cram materials can offer you more. APP version can not only simulate the real test scene but also point out your mistakes and notice you to practice many times. This version of FINRA Series63 Test Pattern exam cram materials is rather powerful. If you are willing, you can mark your performance every day and adjust your studying and preparation relatively. Series63 Test Pattern exam cram materials will try our best to satisfy your demand.
So you have nothing to worry about, only to study with our Series63 Test Pattern exam questions with full attention. And as we have been in this career for over ten years, our Series63 Test Pattern learning materials have became famous as a pass guarantee.
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
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: 3
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: 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
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.
Besides, we check the update about Pegasystems PEGAPCDC87V1 training pdf every day. Microsoft MB-220 - To make your review more comfortable and effective, we made three versions as well as a series of favorable benefits for you. You will grasp the overall knowledge points of Autodesk ACP-01101 actual test with our pass guide and the accuracy of our Autodesk ACP-01101 exam answers will enable you spend less time and effort. If you compare our Microsoft AI-102 training engine with the real exam, you will find that our study materials are highly similar to the real exam questions. Juniper JN0-649 - To enhance further your exam ability and strengthen your learning, you can benefit yourself getting practice FINRA real dumps.
Updated: May 26, 2022