If you are satisfied with our Series63 Exam Dumps Sheet training guide, come to choose and purchase. If you buy the Software or the APP online version of our Series63 Exam Dumps Sheet study materials, you will find that the timer can aid you control the time. Once it is time to submit your exercises, the system of the Series63 Exam Dumps Sheet preparation exam will automatically finish your operation. Now, you are fortunate enough to come across our Series63 Exam Dumps Sheet exam guide. We have free demos on the website for our customers to download if you still doubt our products, and you can check whether it is the right one for you before purchase as well. All experts and professors of our company have been trying their best to persist in innovate and developing the Series63 Exam Dumps Sheet test training materials all the time in order to provide the best products for all people and keep competitive in the global market.
Uniform Securities State Law Series63 Just make your own decisions.
Uniform Securities State Law Series63 Exam Dumps Sheet - Uniform Securities Agent State Law Examination And you can free donwload the demos to have a look. With the rapid development of society, people pay more and more attention to knowledge and skills. So every year a large number of people take Series63 Latest Study Questions Book tests to prove their abilities.
Holding a professional certificate means you have paid more time and effort than your colleagues or messmates in your major, and have experienced more tests before succeed. Our Series63 Exam Dumps Sheet real questions can offer major help this time. And our Series63 Exam Dumps Sheet study braindumps deliver the value of our services.
FINRA Series63 Exam Dumps Sheet - Selecting Omgzlook means choosing a success
Series63 Exam Dumps Sheet exam dumps allow free trial downloads. You can get the information you want to know through the trial version. After downloading our study materials trial version, you can also easily select the version you like, as well as your favorite Series63 Exam Dumps Sheet exam prep, based on which you can make targeted choices. Our study materials want every user to understand the product and be able to really get what they need.
You can free download part of Omgzlook's practice questions and answers about FINRA certification Series63 Exam Dumps Sheet exam online, as an attempt to test our quality. As long as you choose to purchase Omgzlook's products, we will do our best to help you pass FINRA certification Series63 Exam Dumps Sheet exam disposably.
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
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: 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.
If you also want to get this certificate to increase your job opportunities, please take a few minutes to see our OCEG GRCA training materials. Omgzlook's training product for FINRA certification SAP P_S4FIN_2023 exam includes simulation test and the current examination. With the help of our Cisco 300-435 practice guide, you don't have to search all kinds of data, because our products are enough to meet your needs. Omgzlook is a site that comprehensively understand the FINRA SAP C_S4EWM_2023 exam. Fortinet FCP_FML_AD-7.4 - Nowadays, online shopping has been greatly developed, but because of the fear of some uncontrollable problems after payment, there are still many people don't trust to buy things online, especially electronic products.
Updated: May 26, 2022