securities - Correct Answer stock options
interests in limited partnerships
commodity options
exempt transactions under the provisions of the USA - Correct Answer transactions by fiduciaries
certain law enforcement agents
privately held company in state I wants to issue shares to publ...
Series 63 - Practice Exam (ANSWERED)
securities - Correct Answer stock options
interests in limited partnerships
commodity options
exempt transactions under the provisions of the USA - Correct Answer transactions by fiduciaries
certain law enforcement agents
privately held company in state I wants to issue shares to public investors who are residents of state I,
company... - Correct Answer must register by qualification
not considered an agent under the USA - Correct Answer broker dealer who transacts business with the
general public
registered agent with a Canadian BD with no offices in the US. One of the agent's clients recently made a
permanent move to Florida - Correct Answer As long as the only dealings with this client are with a
previously established Canadian tax qualified retirement plan, the agent only has to file an application
and a consent to service of process
in order for the administrator to suspend an agent's registration, compliance with the requirements of
the USA require that - Correct Answer notification be given to the employing BD of the final order
notice be given of the proposed action and hearing
the agent be presented with an opportunity for a hearing
prohibited practice under NASAA Statement of Policy on Dishonest or Unethical Business Practices of
Broker-Dealers and Agent - Correct Answer an agent sharing in a customer account with the oral
authorization of both the client and the BD where the account is maintained
discretionary authorization is not required for an agent to choose the following order instructions -
Correct Answer time of execution
price of execution
, third-party post has been made on a broker-dealer's FB page. If the firm has involved itself in the
preparation of the content - Correct Answer entanglement
individual who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales
of securities as - Correct Answer an agent
registration of a broker dealer if the application has not been amended - Correct Answer unless
specified earlier by the Administrator, the registration becomes effective no later than noon on the 30th
day after application
if a customer reveals material nonpublic info to an agent, that agent should - Correct Answer
immediately report it to the supervisor and await further instructions
broker dealers with no place of business in a state are not required to register in that state if... - Correct
Answer their only clients in that state are institutions, such as banks and insurance companies, are
other BDs, or are the issuers of the security
if there is even on retail client, registration is required
churning - Correct Answer encouraging customers to make frequent changes in their holdings in an
effort to maximize commissions
excessive activity in a customer's discretionary account
transactions that are excessively large considering the customer's financial situation
not an appropriate cause for an agent's registration to be canceled by the Administrator - Correct
Answer the agent is found by a court to have violated a securities statute
federal law dealing with privacy matters for financial institutions - Correct Answer Regulation SP
MMC wishes to raise capital through a public offering of its common stock. when filing the required
paperwork with the Administrator, MMC is legally referred to as - Correct Answer the registrant
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