But our Series63 Valid Exam Collection File exam questions have made it. You can imagine how much efforts we put into and how much we attach importance to the performance of our Series63 Valid Exam Collection File study guide. We use the 99% pass rate to prove that our Series63 Valid Exam Collection File practice materials have the power to help you go through the exam and achieve your dream. If the user finds anything unclear in the Series63 Valid Exam Collection File exam questions exam, we will send email to fix it, and our team will answer all of your questions related to the Series63 Valid Exam Collection File 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.
Uniform Securities State Law Series63 Now, our study materials are out of supply.
So please feel free to contact us if you have any trouble on our Series63 - Uniform Securities Agent State Law Examination Valid Exam Collection File practice questions. The immediate downloading feature of our Series63 Valid Test Questions And Answers study materials is an eminent advantage of our products. Once the pay is done, our customers will receive an e-mail from our company.
Our Series63 Valid Exam Collection File exam quiz is so popular not only for the high quality, but also for the high efficiency services provided which owns to the efforts of all our staffs. First of all, if you are not sure about the Series63 Valid Exam Collection File exam, the online service will find the most accurate and all-sided information for you, so that you can know what is going on about all about the exam and make your decision to buy Series63 Valid Exam Collection File study guide or not.
FINRA Series63 Valid Exam Collection File - They compile each answer and question carefully.
Omgzlook is a website which is able to speed up your passing the FINRA certification Series63 Valid Exam Collection File exams. Our FINRA certification Series63 Valid Exam Collection File exam question bank is produced by Omgzlook's experts's continuously research of outline and previous exam. When you are still struggling to prepare for passing the FINRA certification Series63 Valid Exam Collection File exams, please choose Omgzlook's latest FINRA certification Series63 Valid Exam Collection File exam question bank, and it will brings you a lot of help.
By our study materials, all people can prepare for their Series63 Valid Exam Collection File exam in the more efficient method. We can guarantee that our study materials will be suitable for all people and meet the demands of all people, including students, workers and housewives and so on.
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.
The Open Group OGEA-101 - Omgzlook provide a good after-sales service for all customers. If you do not receive our Huawei H13-821_V3.0 study materials, please contact our online workers. Omgzlook has more than 10 years experience in IT certification Amazon SAP-C02 exam training, including questions and answers. All popular official tests have been included in our IIA IIA-CIA-Part2-KR study materials. UiPath UiPath-ABAv1 - With Omgzlook, you could throw yourself into the exam preparation completely.
Updated: May 26, 2022