In the course of your study, the test engine of Series63 Reliable Exam Duration actual exam will be convenient to strengthen the weaknesses in the learning process. This can be used as an alternative to the process of sorting out the wrong questions of Series63 Reliable Exam Duration learning guide in peacetime learning, which not only help you save time, but also makes you more focused in the follow-up learning process with our Series63 Reliable Exam Duration learning materials. Each question in Series63 Reliable Exam Duration pass guide is certified by our senior IT experts to improve candidates' ability and skills. The quality of training materials and the price of our Series63 Reliable Exam Duration dumps torrent are all created for your benefit. And Series63 Reliable Exam Duration study materials provide free trial service for consumers.
Uniform Securities State Law Series63 You can totally rely on us.
But if you buy Series63 - Uniform Securities Agent State Law Examination Reliable Exam Duration test guide, things will become completely different. Omgzlook's study guides are your best ally to get a definite success in Series63 Latest Practice Questions Ebook exam. The guides contain excellent information, exam-oriented questions and answers format on all topics of the certification syllabus.
The clients can download our Series63 Reliable Exam Duration exam questions and use our them immediately after they pay successfully. Our system will send our Series63 Reliable Exam Duration learning prep in the form of mails to the client in 5-10 minutes after their successful payment. The mails provide the links and if only the clients click on the links they can log in our software immediately to learn our Series63 Reliable Exam Duration guide materials.
FINRA Series63 Reliable Exam Duration - Actually, you must not impoverish your ambition.
Now, let us show you why our Series63 Reliable Exam Duration exam questions are absolutely your good option. First of all, in accordance to the fast-pace changes of bank market, we follow the trend and provide the latest version of Series63 Reliable Exam Duration study materials to make sure you learn more knowledge. Secondly, since our Series63 Reliable Exam Duration training quiz appeared on the market, seldom do we have the cases of customer information disclosure. We really do a great job in this career!
Besides, without prolonged reparation you can pass the Series63 Reliable Exam Duration exam within a week long. Everyone's life course is irrevocable, so missing the opportunity of this time will be a pity.
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.
SAP C_S4CPR_2402 - So 20-30 hours of study is enough for you to deal with the exam. They always treat customers with courtesy and respect to satisfy your need on our VMware 1V0-41.20 exam dumps. How can our SAP C_S4EWM_2023 practice materials become salable products? Their quality with low prices is unquestionable. Huawei H13-334_V1.0 - The statistical reporting function is provided to help students find weak points and deal with them. The questions and answers of our IBM S1000-007 study tool have simplified the important information and seized the focus and are updated frequently by experts to follow the popular trend in the industry.
Updated: May 26, 2022