Series 63 - Business Practices || A Verified A+ Pass. ATI Content Mastery Series (100% correct answers) Series 63 Chapter 4 || A+ Guaranteed. Series 63 Chapter 3 || with 100% Error-free Answers. Series 63 2 || Already Graded A+. Series 63 Chapter 3 || Already Passed. Series 63 || with Error-free So...
[Show more]
A nurse is discussing restorative health care with a newly licensed nurse. Which of the following examples should the nurse include in the teaching? (Select all that apply.) A. Home health care B. Rehabilitation facilities C. Diagnostic centers D. Skilled nursing facilities E. Oncology cente...
Preview 4 out of 34 pages
Add to cartA nurse is discussing restorative health care with a newly licensed nurse. Which of the following examples should the nurse include in the teaching? (Select all that apply.) A. Home health care B. Rehabilitation facilities C. Diagnostic centers D. Skilled nursing facilities E. Oncology cente...
National Conference of Commissioners on Uniform State Laws (NCCUSL) correct answers Founded in 1892, this is an organization composed of lawyers who draft and propose template state legislation where uniformity in law among the states is deemed to be desirable. It was this organization that wrote th...
Preview 2 out of 13 pages
Add to cartNational Conference of Commissioners on Uniform State Laws (NCCUSL) correct answers Founded in 1892, this is an organization composed of lawyers who draft and propose template state legislation where uniformity in law among the states is deemed to be desirable. It was this organization that wrote th...
Investment of Money, Common Enterprise, Expectation of Profits, Derived from Efforts of a Person (other than investor) correct answers For an instrument to be a security, the court held, it must constitute... Common Enterprise correct answers An enterprise in which the fortunes of the investor ar...
Preview 2 out of 7 pages
Add to cartInvestment of Money, Common Enterprise, Expectation of Profits, Derived from Efforts of a Person (other than investor) correct answers For an instrument to be a security, the court held, it must constitute... Common Enterprise correct answers An enterprise in which the fortunes of the investor ar...
Advisory Contracts Can correct answers Under Uniform State law, advisory contracts can: only be in writing allow for prepayment of advisory fees - it is typical to pay 3-6 months of advisory fees in advance allow the adviser to take custody, as long as this is not prohibited by the Administrato...
Preview 2 out of 11 pages
Add to cartAdvisory Contracts Can correct answers Under Uniform State law, advisory contracts can: only be in writing allow for prepayment of advisory fees - it is typical to pay 3-6 months of advisory fees in advance allow the adviser to take custody, as long as this is not prohibited by the Administrato...
BD acting in a principal capacity correct answers BD is the contra party to the trade (the BD is involved in the transaction as a buyer or seller) BD acting in an agency capacity correct answers BD puts the buyer and the seller together, earning a commission doing so BDs must always disclose w...
Preview 2 out of 11 pages
Add to cartBD acting in a principal capacity correct answers BD is the contra party to the trade (the BD is involved in the transaction as a buyer or seller) BD acting in an agency capacity correct answers BD puts the buyer and the seller together, earning a commission doing so BDs must always disclose w...
Can a State Administrator issues an injunction against a broker dealer? correct answers NO. Only the courts can issue an injunction. Under the Uniform Securities Act, the investment adviser brochure rule requires correct answers a brochure, or summary of material changes, if any, to be delivered ...
Preview 2 out of 5 pages
Add to cartCan a State Administrator issues an injunction against a broker dealer? correct answers NO. Only the courts can issue an injunction. Under the Uniform Securities Act, the investment adviser brochure rule requires correct answers a brochure, or summary of material changes, if any, to be delivered ...
Investment Advisor Brochure - Initial Delivery Requirements correct answers Investment Advisor must deliver Part 2A brochure & any Part 2B supplements to a prospective advisory client not later than entering into the advisory contract. If not delivered at least 48 hours earlier, then the penatly-fre...
Preview 2 out of 7 pages
Add to cartInvestment Advisor Brochure - Initial Delivery Requirements correct answers Investment Advisor must deliver Part 2A brochure & any Part 2B supplements to a prospective advisory client not later than entering into the advisory contract. If not delivered at least 48 hours earlier, then the penatly-fre...
contrivance correct answers any scheme, program or plan to defraud a contrivance correct answers a scheme, program or plan to defraud is considered self-dealing correct answers an unethical practice in which fiduciaries acts in their own best interest, rather than the best interest of clients ...
Preview 2 out of 10 pages
Add to cartcontrivance correct answers any scheme, program or plan to defraud a contrivance correct answers a scheme, program or plan to defraud is considered self-dealing correct answers an unethical practice in which fiduciaries acts in their own best interest, rather than the best interest of clients ...
What provisions of the USA can the Administrator not change? correct answers Laws relating to defined exempt securities (always have jurisdiction if Fraud is involved) Does the Administrator have jurisdiction over a transaction effected or accepted in a state? correct answers Yes Does the A...
Preview 4 out of 48 pages
Add to cartWhat provisions of the USA can the Administrator not change? correct answers Laws relating to defined exempt securities (always have jurisdiction if Fraud is involved) Does the Administrator have jurisdiction over a transaction effected or accepted in a state? correct answers Yes Does the A...
Which of the following are required to open a margin account? I. Customer loan agreement II. Margin risk disclosure III. Margin account agreement IV. Margin interest disclosure correct answers A) I and III- Customer loan agreement, margin account agreement Andrew is an agent who has done exte...
Preview 2 out of 12 pages
Add to cartWhich of the following are required to open a margin account? I. Customer loan agreement II. Margin risk disclosure III. Margin account agreement IV. Margin interest disclosure correct answers A) I and III- Customer loan agreement, margin account agreement Andrew is an agent who has done exte...
A transactional exemption would be available when a sale is made in all of the following situations EXCEPT A) to a federally chartered credit union B) to a lawyer as an incidental part of his legal practice C) to a broker-dealer by a non-affiliated broker-dealer D) by a federal marshal to in...
Preview 4 out of 48 pages
Add to cartA transactional exemption would be available when a sale is made in all of the following situations EXCEPT A) to a federally chartered credit union B) to a lawyer as an incidental part of his legal practice C) to a broker-dealer by a non-affiliated broker-dealer D) by a federal marshal to in...
Uniform Securities Act correct answers model legislation from 1956 administrator correct answers office or agency that has the complete responsibility for administering the securities laws of that state; has jurisdiction over all security activities in the state cease and desist correct answer...
Preview 2 out of 10 pages
Add to cartUniform Securities Act correct answers model legislation from 1956 administrator correct answers office or agency that has the complete responsibility for administering the securities laws of that state; has jurisdiction over all security activities in the state cease and desist correct answer...
The ABC Banking Corporation owns a controlling interest in the stock of the ABC Bank, the ABC Mortgage Company, and the ABC Trust Company. Which of the following terms most likely describes the ABC Banking Corporation? correct answers bank holding company -A holding company is a corporation that s...
Preview 4 out of 35 pages
Add to cartThe ABC Banking Corporation owns a controlling interest in the stock of the ABC Bank, the ABC Mortgage Company, and the ABC Trust Company. Which of the following terms most likely describes the ABC Banking Corporation? correct answers bank holding company -A holding company is a corporation that s...
agent correct answers An individual who represents a broker/dealer or an issuer when selling or trying to sell securities to the investing public. This individual is considered an _____ whether he or she actually receives or simply solicits orders. Also known as "registered representatives." Tw...
Preview 2 out of 13 pages
Add to cartagent correct answers An individual who represents a broker/dealer or an issuer when selling or trying to sell securities to the investing public. This individual is considered an _____ whether he or she actually receives or simply solicits orders. Also known as "registered representatives." Tw...
Exceptions for BD Agents correct answers The only exceptions that apply to a person working for a BD effecting securities transactions is in reference to WHO they sell to: 1.) Non-Resident Customer (30 day) -RR can continue to service customer even if he is not registered as an agent in the s...
Preview 4 out of 40 pages
Add to cartExceptions for BD Agents correct answers The only exceptions that apply to a person working for a BD effecting securities transactions is in reference to WHO they sell to: 1.) Non-Resident Customer (30 day) -RR can continue to service customer even if he is not registered as an agent in the s...
broker dealer correct answers any person engaged in the business of effecting transactions in securities for the account of others or for his own account. Broker-dealers with no place of business in a state are not required to register in that state if their only clients in that state are correct...
Preview 3 out of 20 pages
Add to cartbroker dealer correct answers any person engaged in the business of effecting transactions in securities for the account of others or for his own account. Broker-dealers with no place of business in a state are not required to register in that state if their only clients in that state are correct...
Under the anti-fraud clause of the Uniform Securities Act, it is unlawful to: I. Employ any device, scheme, or artifice to defraud II. Make any untrue statement of fact III. Omit a material fact IV. Engage in any act, practice, or course of business that operates or would operate as a fraud or d...
Preview 2 out of 14 pages
Add to cartUnder the anti-fraud clause of the Uniform Securities Act, it is unlawful to: I. Employ any device, scheme, or artifice to defraud II. Make any untrue statement of fact III. Omit a material fact IV. Engage in any act, practice, or course of business that operates or would operate as a fraud or d...
If a car dealer offers $1,000 bonds as a bonus for the purchase of cars, the car dealer is correct answers engaging in the offering for sale of a security According to the Uniform Securities Act, offering securities as a bonus on the purchase of another thing for value, such as a car, constitutes...
Preview 3 out of 19 pages
Add to cartIf a car dealer offers $1,000 bonds as a bonus for the purchase of cars, the car dealer is correct answers engaging in the offering for sale of a security According to the Uniform Securities Act, offering securities as a bonus on the purchase of another thing for value, such as a car, constitutes...
A banner on a broker-dealer's website is considered correct answers static content In most cases, a broker-dealer's website is static. That is, only the firm can make changes and those changes are infrequent. Certainly a banner ad on the website fits that description. Entanglement and adoption ...
Preview 3 out of 25 pages
Add to cartA banner on a broker-dealer's website is considered correct answers static content In most cases, a broker-dealer's website is static. That is, only the firm can make changes and those changes are infrequent. Certainly a banner ad on the website fits that description. Entanglement and adoption ...
According to NASAA's Statement of Policy on Dishonest or Unethical Business Practices of Brokers-Dealers and Agents, all of the following practices are considered unethical for an agent except A) determining the quantity of a specific security to purchase once the client has designated that sec...
Preview 4 out of 167 pages
Add to cartAccording to NASAA's Statement of Policy on Dishonest or Unethical Business Practices of Brokers-Dealers and Agents, all of the following practices are considered unethical for an agent except A) determining the quantity of a specific security to purchase once the client has designated that sec...
A customer suspects his investment advisory representative of fraudulent activity in his account. The customer decides to file a lawsuit related to the matter. In which of the following scenarios would the customer's case be permitted to move forward without the active participation of the customer...
Preview 4 out of 34 pages
Add to cartA customer suspects his investment advisory representative of fraudulent activity in his account. The customer decides to file a lawsuit related to the matter. In which of the following scenarios would the customer's case be permitted to move forward without the active participation of the customer...
Although state registration is not required for federal covered advisers, most states do require them to make a notice filing with the Administrator. This consists of : -copies of the registration forms sent to the SEC, -a consent to service of process form, -and a filing fee. correct answers...
Preview 3 out of 22 pages
Add to cartAlthough state registration is not required for federal covered advisers, most states do require them to make a notice filing with the Administrator. This consists of : -copies of the registration forms sent to the SEC, -a consent to service of process form, -and a filing fee. correct answers...
Limited registration is available to broker/dealers and agents domiciled in which of the following countries? a)Canada b)Mexico c)Canada and Mexico d)Canada, Mexico and Panama Canadian broker/dealers have limited registration requirement for the sale of Canadian qualified retirement progra...
Preview 4 out of 58 pages
Add to cartLimited registration is available to broker/dealers and agents domiciled in which of the following countries? a)Canada b)Mexico c)Canada and Mexico d)Canada, Mexico and Panama Canadian broker/dealers have limited registration requirement for the sale of Canadian qualified retirement progra...
Administrator correct answers The office or agency that has complete responsibility for adminstering the securities laws of the state. -Has jurisdiction over virtually all securities activity that emanates from his state, and what is received in his state. -Can make rules and issues orders -Can...
Preview 2 out of 10 pages
Add to cartAdministrator correct answers The office or agency that has complete responsibility for adminstering the securities laws of the state. -Has jurisdiction over virtually all securities activity that emanates from his state, and what is received in his state. -Can make rules and issues orders -Can...
According to the Uniform Securities Act, which of the following statements is/are NOT TRUE concerning a broker-dealer or investment adviser filing an application for registration as a successor firm? I. The successor firm must be in existence prior to the filing of the application for registration ...
Preview 4 out of 84 pages
Add to cartAccording to the Uniform Securities Act, which of the following statements is/are NOT TRUE concerning a broker-dealer or investment adviser filing an application for registration as a successor firm? I. The successor firm must be in existence prior to the filing of the application for registration ...
Definition of "persons" under the Uniform Securities Act correct answers Governments, government agencies, human beings What is not considered a person under the USA? correct answers An equitable interest in a corporation Terms that describe persons who are human beings under the USA correct...
Preview 3 out of 23 pages
Add to cartDefinition of "persons" under the Uniform Securities Act correct answers Governments, government agencies, human beings What is not considered a person under the USA? correct answers An equitable interest in a corporation Terms that describe persons who are human beings under the USA correct...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.
No, you only buy these notes for $138.03. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now