And you can click all three formats of our Series63 Practice Questions Free exam dumps to see. The page of our Series63 Practice Questions Free simulating materials provides demo which are sample questions. The purpose of providing demo is to let customers understand our part of the topic and what is the form of our Series63 Practice Questions Free study materials when it is opened. Secondly, Series63 Practice Questions Free learning guide will also help you to master a lot of very useful professional knowledge in the process of helping you pass the exam. What Series63 Practice Questions Free study quiz can give you is far more than just a piece of information. Our Series63 Practice Questions Free learning quiz can lead you the best and the fastest way to reach for the certification and achieve your desired higher salary by getting a more important position in the company.
Uniform Securities State Law Series63 Please give us a chance to prove.
If you have any questions and doubts about the Uniform Securities Agent State Law Examination guide torrent we provide before or after the sale, you can contact us and we will send the customer service and the professional personnel to help you solve your issue about using Series63 - Uniform Securities Agent State Law Examination Practice Questions Free exam materials. What is more, our research center has formed a group of professional experts responsible for researching new technology of the Valid Test Series63 Cram Review study materials. The technology of the Valid Test Series63 Cram Review study materials will be innovated every once in a while.
With high-quality Series63 Practice Questions Free guide materials and flexible choices of learning mode, they would bring about the convenience and easiness for you. Every page is carefully arranged by our experts with clear layout and helpful knowledge to remember. In your every stage of review, our Series63 Practice Questions Free practice prep will make you satisfied.
FINRA Series63 Practice Questions Free - Need any help, please contact with us again!
In order to pass FINRA certification Series63 Practice Questions Free exam disposably, you must have a good preparation and a complete knowledge structure. Omgzlook can provide you the resources to meet your need.
Many people, especially the in-service staff, are busy in their jobs, learning, family lives and other important things and have little time and energy to learn and prepare the exam. But if you buy our Series63 Practice Questions Free test torrent, you can invest your main energy on your most important thing and spare 1-2 hours each day to learn and prepare the exam.
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.
Microsoft AZ-104 - In today's competitive IT profession, if you want to stabilize your own position, you will have to prove your professional knowledge and technology level. Nutanix NCP-CI-AWS - For a better understanding of their features, please follow our website and try on them. Salesforce Salesforce-Hyperautomation-Specialist - Omgzlook's training course has a high quality, which its practice questions have 95% similarity with real examination. Besides, we are punctually meeting commitments to offer help on Microsoft PL-400-KR study materials. Because of its popularity, you can use the Omgzlook FINRA Huawei H28-155_V1.0 exam questions and answers to pass the exam.
Updated: May 26, 2022