The efficiency of our Series63 Vce Download exam braindumps has far beyond your expectation. On one hand, our Series63 Vce Download study materials are all the latest and valid exam questions and answers that will bring you the pass guarantee. on the other side, we offer this after-sales service to all our customers to ensure that they have plenty of opportunities to successfully pass their actual exam and finally get their desired certification of Series63 Vce Download learning materials. Once you decide to buy, you will have many benefits like free update lasting one-year and convenient payment mode. We will inform you immediately once there are latest versions of Series63 Vce Download test question released. With our high-accuracy Series63 Vce Download test guide, our candidates can grasp the key points, and become sophisticated with the exam content.
Uniform Securities State Law Series63 You do not need to study day and night.
Series63 - Uniform Securities Agent State Law Examination Vce Download exam prep look forward to meeting you. In addition, we clearly know that constant improvement is of great significance to the survival of a company. The fierce competition in the market among the same industry has long existed.
I hope that you can spend a little time understanding what our study materials have to attract customers compared to other products in the industry. As you know, we are now facing very great competitive pressure. We need to have more strength to get what we want, and Series63 Vce Download exam dumps may give you these things.
FINRA Series63 Vce Download - As we all know, time and tide wait for no man.
When you try our part of FINRA certification Series63 Vce Download exam practice questions and answers, you can make a choice to our Omgzlook. We will be 100% providing you convenience and guarantee. Remember that making you 100% pass FINRA certification Series63 Vce Download exam is Omgzlook.
If you still desperately cram knowledge and spend a lot of precious time and energy to prepare for passing FINRA certification Series63 Vce Download exam, and at the same time do not know how to choose a more effective shortcut to pass FINRA certification Series63 Vce Download exam. Now Omgzlook provide you a effective method to pass FINRA certification Series63 Vce Download exam.
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
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: 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.
Huawei H11-851_V4.0 - For tomorrow's success, is right to choose Omgzlook. Huawei H13-334_V1.0 - Omgzlook can also promise if you fail to pass the exam, Omgzlook will 100% refund. In today's competitive IT industry, passing FINRA certification ISQI CTFL-PT_D exam has a lot of benefits. From related websites or books, you might also see some of the training materials, but Omgzlook's information about FINRA certification Cisco 350-401 exam is the most comprehensive, and can give you the best protection. EMC D-XTR-OE-A-24 - Omgzlook is the best catalyst to help IT personage be successful.
Updated: May 26, 2022