In the process of using the Uniform Securities Agent State Law Examination study training dumps, once users have any questions about our study materials, the user can directly by E-mail us, our products have a dedicated customer service staff to answer for the user, they are 24 hours service for you, we are very welcome to contact us by E-mail and put forward valuable opinion for us. Our Series63 Latest Practice Questions Book latest questions already have many different kinds of learning materials, users may be confused about the choice, what is the most suitable Series63 Latest Practice Questions Book test guide? Believe that users will get the most satisfactory answer after consultation. Our online service staff is professionally trained, and users' needs about Series63 Latest Practice Questions Book test guide can be clearly understood by them. We believe our consummate after-sale service system will make our customers feel the most satisfactory. Our company has designed the perfect after sale service system for these people who buy our Series63 Latest Practice Questions Book practice materials. Our Series63 Latest Practice Questions Book exam practice questions on the market this recruitment phenomenon, tailored for the user the fast pass the examination method of study, make the need to get a good job have enough leverage to compete with other candidates.
Uniform Securities State Law Series63 You must be very surprised.
And we will give you 100% success guaranteed on the Series63 - Uniform Securities Agent State Law Examination Latest Practice Questions Book training guide. In short, you will find the convenience and practicality of our Series63 Latest Exam Notes quiz guide in the process of learning. We will also continue to innovate and improve functions to provide you with better services.
We are convinced that our Series63 Latest Practice Questions Book exam questions can help you gain the desired social status and thus embrace success. The competition in today's society is the competition of talents. Can you survive and be invincible in a highly competitive society? Can you gain a foothold in such a complex society? If your answer is "no", that is because your ability is not strong enough.
But our FINRA Series63 Latest Practice Questions Book exam questions have made it.
By browsing this website, all there versions of Series63 Latest Practice Questions Book training materials can be chosen according to your taste or preference. In addition, we provide free updates to users for one year long after your purchase. If the user finds anything unclear in the Series63 Latest Practice Questions Book exam questions exam, we will send email to fix it, and our team will answer all of your questions related to the Series63 Latest Practice Questions Book actual exam. So as long as you have any question, just contact us!
Every page is carefully arranged by our experts with clear layout and helpful knowledge to remember. Our Series63 Latest Practice Questions Book exam questions just focus on what is important and help you achieve your goal.
Series63 PDF DEMO:
QUESTION NO: 1
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: 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
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.
With excellent quality at attractive price, our Salesforce Education-Cloud-Consultant exam questions get high demand of orders in this fierce market. So our IBM C1000-162practice materials have great brand awareness in the market. The promotion or acceptance of our IAPP CIPT exam questions will be easy. EMC D-VXR-DY-23 - The software boosts varied self-learning and self-assessment functions to check the results of the learning. Microsoft MB-310 - The gold content of the materials is very high, and the updating speed is fast.
Updated: May 26, 2022