FINRA Uniform Securities Agent State Law Examination - Series_63무료 덤프문제 풀어보기
Which of the following describes a prohibited practice in the sale of shares of investment companies?
I. Sandy Slacker hands her client the fund's prospectus and tells him that the prospectus will provide him
all that he needs to know about loads and fees associated with the fund.
II. Elliot Eager tells a client who has an investment objective that includes current income that a certain
bond fund has a current yield of 8% and provides the client with a prospectus so that the client can peruse
the average annual returns that the fund has generated in past years when the client has the time.
III. After explaining all the fees and loads involved in two different bond funds as well as the difference
between current yield and total return, Patty shows the client the data on the average annual returns that
the two bond funds provided. She explains to the client that the municipal bond fund has a lower yield
than the similar-risk corporate bond fund because the interest income the client will receive from the
municipal bond fund will be free from federal taxation, while the interest income on the corporate bond
fund is fully taxable.
I. Sandy Slacker hands her client the fund's prospectus and tells him that the prospectus will provide him
all that he needs to know about loads and fees associated with the fund.
II. Elliot Eager tells a client who has an investment objective that includes current income that a certain
bond fund has a current yield of 8% and provides the client with a prospectus so that the client can peruse
the average annual returns that the fund has generated in past years when the client has the time.
III. After explaining all the fees and loads involved in two different bond funds as well as the difference
between current yield and total return, Patty shows the client the data on the average annual returns that
the two bond funds provided. She explains to the client that the municipal bond fund has a lower yield
than the similar-risk corporate bond fund because the interest income the client will receive from the
municipal bond fund will be free from federal taxation, while the interest income on the corporate bond
fund is fully taxable.
정답: C
설명: (Fast2test 회원만 볼 수 있음)
Penny Swyne, an agent employed by Bear Broker-Dealers, has received a written complaint via e-mail
from Mr. Wolf regarding her performance as his agent. What are Ms. Swyne's legitimate options?
from Mr. Wolf regarding her performance as his agent. What are Ms. Swyne's legitimate options?
정답: A
설명: (Fast2test 회원만 볼 수 있음)
Which of the following entities must sign a "consent to service of process," thereby allowing the
Administrator to receive legal documents that are meant to be served to the entity in place of that entity?
I. agents
II. investment advisers
III. investment adviser representatives
IV. broker-dealers
Administrator to receive legal documents that are meant to be served to the entity in place of that entity?
I. agents
II. investment advisers
III. investment adviser representatives
IV. broker-dealers
정답: A
설명: (Fast2test 회원만 볼 수 있음)
Which of the following is not a security, as defined by the Uniform Securities Act?
I. an option contract
II. a futures contract on gold
III. a 401K plan
IV. a variable annuity
I. an option contract
II. a futures contract on gold
III. a 401K plan
IV. a variable annuity
정답: A
설명: (Fast2test 회원만 볼 수 있음)
Which of the following does not describe a prohibited activity by investment advisers and their
representatives, according to NASAA Model Rules?
representatives, according to NASAA Model Rules?
정답: C
설명: (Fast2test 회원만 볼 수 있음)
Assuming there is not a stop order or a proceeding pending, under the registration by coordination
process a security's registration with the state becomes effective:
process a security's registration with the state becomes effective:
정답: C
설명: (Fast2test 회원만 볼 수 있음)
A tombstone advertisement is
정답: D
설명: (Fast2test 회원만 볼 수 있음)
A "notice filing" refers to
정답: D
설명: (Fast2test 회원만 볼 수 있음)
A broker-dealer is required to keep his records for how long?
정답: D
설명: (Fast2test 회원만 볼 수 있음)
Sam Shyster had his day in court-and lost. His license to do business as an investment adviser in the
state has been revoked. What legitimate options does Sam have available to him now?
state has been revoked. What legitimate options does Sam have available to him now?
정답: B
설명: (Fast2test 회원만 볼 수 있음)
Which of the following securities would not necessarily be exempt from state registration?
정답: C
설명: (Fast2test 회원만 볼 수 있음)