한 번의 불합격은 재응시 비용과 준비 기간 연장으로 이어집니다. Fast2test의 Series63 예상 문제 251문항으로 약점을 미리 점검하시면 FINRA Uniform Securities Agent State Law Examination 응시에 드는 비용과 시간을 아끼실 수 있습니다.

FINRA Series63 시험 개요:

FINRA Series63 시험 요강 주제:

Series63 수험생을 위한 핵심 질문과 답변

최신 Uniform Securities State Law Series63 무료샘플문제

문제 #1

John Ketchum is an investment adviser representative with Load Investment Advisers, which has a family of load funds that it encourages its representatives to promote. Representatives of the firm that sell shares in these funds to their clients receive a greater share of the load than they do if they sell load funds offered by other firms.
Based on these facts, which of the following statements is true?

A. John must provide his clients with a written disclosure that he will receive a greater remuneration for selling shares in the Load family of funds than if he sells them shares in other funds before he provides his clients with any investment advice.
B. John is obligated to try to sell his clients the funds offered by Load first since he is affiliated with them and has a fiduciary responsibility to them.
C. Both A and B are true.
D. If, after reviewing the information form a client has filled out, John believes that one of Load's funds is an appropriate investment, John can recommend that the client invest in that fund. There is no disclosure requirement necessary if the recommendation is a sound one that can be proved to be based on the client's specific situation.

문제 #2

Which of the following statements regarding the registration of broker-dealers and investment advisers is true?

A. Both investment advisers and broker-dealers must be registered with the SEC and with the states in which they have offices.
B. Investment advisers are required to register with both the state and the SEC, while broker-dealers may be registered with only one or the other.
C. Investment advisers must always be registered with the SEC to conduct business; broker-dealers may be registered with either an individual state or the SEC or both.
D. Investment advisers are required either to be registered with a state or with the SEC, while broker-dealers must be registered both with the SEC and the state.

문제 #3

Mr. and Mrs. Cleaver are nearing retirement and have made an appointment with Mr. Eddie, an investment adviser representative who works for Haskell Investment Advisers, to get advice on how they can better structure their investments to meet their retirement goals. Their son, Theodore, who has recently graduated college and has a great job as a software writer for a video game company, accompanies them. Mr. Eddie explains that the main goal of any plan is diversification and recommends that Mr. and Mrs. Cleaver spread their investment monies equally among six load mutual funds that Mr. Eddie can sell them. He suggests that Theodore follow suit and invest any monies he has equally among the same ten funds.
Has Mr. Eddie done anything wrong?

A. No. Diversification should, in fact, be the goal, and he has advised a well-diversified plan for his clients.
B. Yes. Mr. Eddie is guilty of misappropriation, a prohibited practice.
C. Yes. Mr. Eddie has advised his clients to invest in load funds when no load funds are clearly better investments.
D. Yes. Clients who are ready to retire have different investment needs than a client who is just entering the work force. The recommendation that both Theodore and his parents have the same asset allocation is clearly unsuitable.

문제 #4

S. White and Associates is an investment adviser registered in the state of Kentucky and, as such, is meeting Kentucky's minimum net capital requirement for investment advisers. The firm recently registered with the state of Virginia and has opened an office there. Virginia has a significantly higher net capital requirement for its investment advisers.
Which of the following statements is true?

A. According to the Investment Advisers Act of 1940, S. White will have to maintain a minimum net capital equal to the average of the net capital requirements of the two states.
B. According to the Securities Exchange Act of 1934, S. White needs to meet at least the minimum net capital requirement specified by that Act since it is now operating in multiple states.
C. According to the Uniform Securities Act, S. White will have to meet Virginia's higher requirement.
D. According to the Investment Advisers Act of 1940, S. White needs only to meet the net capital requirement of Kentucky.

문제 #5

In which of the following scenarios would the Administrator of a state not have jurisdiction?
I. A monthly newspaper published by a resident of the state who is not a registered investment adviser has a column in which the publisher makes specific investment recommendations for clients who write in for advice.
About 80% of the circulation of the publication is to out-of-state residents.
II. An internet blog posted by an out-of-state resident makes investment recommendations.
III. An out-of-state firm solicits buyers for its promissory notes within the state.

A. I, II, and III
B. II only
C. I and II only
D. I only

질문과 대답: