100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Series 65 Exam Questions with correct answers. $13.99   Add to cart

Exam (elaborations)

Series 65 Exam Questions with correct answers.

 1 view  0 purchase
  • Course
  • Finra
  • Institution
  • Finra

Series 65 Exam Questions with correct answers.

Preview 2 out of 13  pages

  • October 6, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Finra
  • Finra
avatar-seller
cracker
Series 65 Exam Questions with correct answers
If a prospective client wanted to know what type of investment strategies
are employed by an investment advisor, that information would be found
in the adviser's


A. Form ADV Part 1A
B. Form ADV Part 1B
C. Form ADV Part 2A
C. Form ADV Part 2B Correct Answer-C


If an IA registers with the state in November, when does the registration
come up for renewal? Correct Answer-December 31st of that same year


Which of the following would an Adminstrator consider to be a
substantial prepayment of fees?


A. $500 covering the next 6 months
B. $800 covering the entire contract year
C. $800 covering the next calendar quarter
D. $5000 covering the next month Correct Answer-B. (NASAA state
law defines a substantial prepayment of fees to be more than $500, 6 or
more months in advance)


Mammon Money Managers(MMM) has its principal office in State A
and is also registered in States B,C, and D. MMM exercises discretion in

, client accounts. As a result, MMM would have to meet the net worth or
bonding requirements of


A. the SEC
B. State A
C. the state with the highest requirement
D. each state Correct Answer-B. (only state where the principal office is)


Under the Investment Advisers Act of 1940, all of the following are true
regarding adviser recordkeeping EXCEPT


A. The IA must keep records of transactions made for its own account as
well as the account of investment adviser representatives to lessen the
likelihood of scalping
B. computer-generated records may be stored in that format
C. client account records must be maintained, including a list of
recommendations made
D. records must be maintained for a period of 2 years from the end of
the fiscal year in which the last entry was made Correct Answer-D. (the
records must be kept for 5 years)


An investment adviser registered in State G is obligated to maintain
certain books and records as specified by the Uniform Securities Act.
Which of the following statements regarding adviser recordkeeping is
NOT true?

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

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!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

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.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart