Therefore, you will have more confidence in passing the exam. Our Series63 Test Simulator free demo provides you with the free renewal in one year so that you can keep track of the latest points happening in the world. As the questions of our Series63 Test Simulator exam dumps are involved with heated issues and customers who prepare for the Series63 Test Simulator exams must haven’t enough time to keep trace of Series63 Test Simulator exams all day long. For examination, the power is part of pass the exam but also need the candidate has a strong heart to bear ability, so our Series63 Test Simulator learning dumps through continuous simulation testing, let users less fear when the real test, better play out their usual test levels, can even let them photographed, the final pass exam. Users who use our Series63 Test Simulator real questions already have an advantage over those who don't prepare for the exam. If you want to inspect the quality of our Series63 Test Simulator study dumps, you can download our free dumps from Omgzlook and go through them.
Our Series63 Test Simulator exam materials have plenty of advantages.
Uniform Securities State Law Series63 Test Simulator - Uniform Securities Agent State Law Examination You can install it to as many computers as you need as long as the computer is in Windows system. Repeated attempts will sharpen your minds. Maybe our Series63 New Exam Questions Explanations learning quiz is suitable for you.
We have enough confidence in our products, so we can give a 100% refund guarantee to our customers. Series63 Test Simulator exam questions promise that if you fail to pass the exam successfully after purchasing our product, we are willing to provide you with a 100% full refund. Uniform Securities Agent State Law Examination exam tests are a high-quality product recognized by hundreds of industry experts.
FINRA Series63 Test Simulator - Please make a decision quickly.
Today, in an era of fierce competition, how can we occupy a place in a market where talent is saturated? The answer is a certificate. What the certificate main? All kinds of the test Series63 Test Simulator certification, prove you through all kinds of qualification certificate, it is not hard to find, more and more people are willing to invest time and effort on the Series63 Test Simulator exam guide, because get the test Series63 Test Simulator certification is not an easy thing, so, a lot of people are looking for an efficient learning method. And here, fortunately, you have found the Series63 Test Simulator exam braindumps, a learning platform that can bring you unexpected experiences.
The product of Omgzlook not only can 100% guarantee you to pass the exam, but also can provide you a free one-year update service. If you choose Omgzlook, success is not far away for you.
Series63 PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
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: 5
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.
So do not hesitate and buy our IAM IAM-Certificate preparation exam, you will benefit a lot from our products. Salesforce Marketing-Cloud-Advanced-Cross-Channel - Many ambitious IT professionals want to make further improvements in the IT industry and be closer from the IT peak. HP HPE6-A72 - Each format has distinct strength and shortcomings. You can free download part of Omgzlook's exercises and answers about FINRA certification Scaled Agile SAFe-APM exam as a try, then you will be more confident to choose our Omgzlook's products to prepare your FINRA certification Scaled Agile SAFe-APM exam. App/online version of IBM C1000-112 training materials can be suitable to all kinds of equipment or digital devices.
Updated: May 26, 2022