Select Omgzlook Series_63 Dumps Questions exam material, so that you do not need yo waste your money and effort. And it will also allow you to have a better future. The FINRA Series_63 Dumps Questions certification exam is not only validate your skills but also prove your expertise. Our updated and useful Series_63 Dumps Questions will be the best tool for your success. With the assist of FINRA practice demo, your goals to get the Series_63 Dumps Questions certification will be very easy to accomplish and 100% guaranteed. In recent years, fierce competition agitates the forwarding IT industry in the world.
FINRA Certification Series_63 It has a strong accuracy and logic.
Please check the free demo of Series_63 - Uniform Securities Agent State Law Examination Dumps Questions braindumps before purchased and we will send you the download link of Series_63 - Uniform Securities Agent State Law Examination Dumps Questions real dumps after payment. Because of its high efficiency, you can achieve remarkable results. Omgzlook helped many people taking IT certification exam who thought well of our exam dumps.
We strive for perfection all these years and get satisfactory results with concerted cooperation between experts, and all questions points in our Series_63 Dumps Questions real exam are devised and written base on the real exam. Do not let other Series_63 Dumps Questions study dumps mess up your performance or aggravate learning difficulties. The efficiency and accuracy of our Series_63 Dumps Questions learning guide will not let you down.
Our FINRA Series_63 Dumps Questions free demo is available for all of you.
Our Series_63 Dumps Questions training materials have won great success in the market. Tens of thousands of the candidates are learning on our Series_63 Dumps Questions practice engine. First of all, our Series_63 Dumps Questions study dumps cover all related tests about computers. It will be easy for you to find your prepared learning material. If you are suspicious of our Series_63 Dumps Questions exam questions, you can download the free demo from our official websites.
To all customers who bought our Series_63 Dumps Questions pdf torrent, all can enjoy one-year free update. We will send you the latest version immediately once we have any updating about this test.
Series_63 PDF DEMO:
QUESTION NO: 1
Mr. Bigwig, CEO of HiGrowth Corporation, meets with the president of BigFee Investment
Bankers and
arranges for BigFee to underwrite an Initial Public Offering (IPO) for the firm. When the IPO comes to market, GetErDone Broker-Dealers is part of the selling group, which handles the sale of the stock to the
public. In this scenario, which party is the issuer?
A. HiGrowth Corporation
B. Mr. Bigwig
C. BigFee Investment Bankers
D. GetErDone Broker-Dealers
Answer: A
Explanation: HiGrowth Corporation is the issuer in this instance. Its stock will be sold, and HiGrowth will
receive the proceeds from the sale-less BigFee's underwriting spread. Mr. Bigwig is merely
HiGrowth's
representative in this instance.
QUESTION NO: 2
Harry Lange manages the investment portfolio for the Fidelity Magellan Mutual Fund. Mr.
Lange is a(n)
A. broker-dealer.
B. agent.
C. investment adviser.
D. investment company.
Answer: C
Explanation: If Harry Lange is managing the investment portfolio of Fidelity Magellan Mutual Fund, he is
an investment adviser. He is making the investment decisions and receives a percentage of the assets under management as his compensation. He is not selling the mutual fund or the fund's investors anything, which is the job of a broker-dealer or an agent. Fidelity Magellan is the investment company.
QUESTION NO: 3
Joe Treader is the owner of a small, state-registered investment advisory firm that is on the verge of
becoming insolvent. One of his clients who has become like a mother to him is aware of his financial difficulties and has offered to sell off some of the assets that he manages for her and loan him the money
to get him through this period of economic
uncertainty until he is able to get on his feet again. Can Joe take her up on her offer?
A. Yes. Based on the facts presented, it is an unsolicited offer and, as such, Joe can (and should) accept
it.
B. Yes, but only if Joe draws up a formal loan agreement with a fair interest rate, based on the going market rates, stated in the agreement as well as a firm date for principal repayment.
C. No. As the client's investment adviser, he has a fiduciary relationship with the client. Entering a loan
agreement with this client could lead to conflicts of interest.
D. Both A and B are true.
Answer: C
Explanation: No, Joe cannot take his client's offer of a loan because it could lead to a conflict of interest--if
not today, perhaps in the future--and as a fiduciary Joe will be expected to put this client's welfare ahead
of his own. If it takes him a lot longer than expected to get on his feet again, he may be tempted to act in
his own best interest.
QUESTION NO: 4
Shady Corporation's executives are concerned over the firm's steadily declining stock price and decide to
do something about it. They each decide to make significantly large purchases of their firm's stock in order to stabilize and hopefully even to drive up its price, reasoning that they can sell the stock for the
higher price down the road and profit from the transaction. You are a broker-dealer for the firm's executives. Are Shady's executives planning to do anything illegal?
A. No. It's a win-win. They are using their own money to buy stock of their firm, and this can help drive the
stock price up and put profits in their pockets.
B. Yes. To purchase shares of their own company is considered to be illegal insider trading.
C. No. As long as they follow the rules and report their purchases to the SEC, it is not illegal for them to
purchase shares of their firm's stock.
D. Yes. Although it is not illegal for them to purchase shares of their firm's stock, they cannot do so in order to try to manipulate the price of the stock.
Answer: D
Explanation: Yes. Although it is not illegal for Shady's executives to purchase shares of their firm's stock,
in this case they are planning to do something illegal in deciding to make significantly large purchases of
their firm's stock in order to manipulate the price. This is an example of price pegging.
QUESTION NO: 5
You are an investment adviser to Mr. Crochety, an elderly man who lives solely on his social security
income although he managed to accumulate an investment portfolio worth about $100,000 over the years.
Mr. Crochety recently got his hands on a business publication and read about the tax-free interest paid by
municipal bonds. He calls you and instructs you to sell his other investments and invest all his money in a
municipal bond portfolio, so that "the government doesn't get any more of my hard-earned money."
You
tell Mr. Crochety that you don't believe this is a wise move because he's in such a low tax bracket that
municipal bonds are not a good investment for him, but he is insistent. Based on these facts, you should
A. ignore Mr. Crochety's instruction since it is not in his best interest.
B. require Mr. Crochety to sign an affidavit of liability waiver, indicating that you will not be held responsible for any adverse consequences of this decision.
C. have Mr. Crochety sign a statement of investment policy that indicates that this transaction is being executed on the client's instructions and that you have advised the client against it.
D. call Mr. Crochety's relatives and suggest they have him examined for mental instability.
Answer: C
Explanation: Given that you have advised Mr. Crochety that this is not a wise move and he still insists on it,
you should protect yourself by getting it in writing. In no case, however, can you require a client to sign an
affidavit of liability waver, nor can you refuse to follow his adamant instructions.
In order to provide the most effective Microsoft PL-900 exam materials which cover all of the current events for our customers, a group of experts in our company always keep an close eye on the changes of the Microsoft PL-900 exam, and then will compile all of the new key points as well as the latest types of exam questions into the new version of our Microsoft PL-900 training engine. Many candidates are interested in our software test engine of Amazon DOP-C02-KR. Microsoft SC-400 - So you don’t need to wait for a long time and worry about the delivery time or any delay. Our IT professionals have made their best efforts to offer you the latest Oracle 1z0-1123-24 study guide in a smart way for the certification exam preparation. Because our materials not only has better quality than any other same learn products, but also can guarantee that you can pass the API API-510 exam with ease.
Updated: May 26, 2022