- Study guides, Class notes & Summaries

Under the Uniform Securities Act, an agent who offers a nonexempt, unregistered security for sale a. Is not in violation of the Act even if the transaction is not exempt unless a sale is actually made. b. May be civilly liable to the purchaser if the transaction is not exempt. c.. May do so legally in a nonexempt transaction as long as the purchaser is provided with all of the material facts. d. May be subject to criminal prosecution, even if the transaction is exempt. - Correct Answer b. ...

Series 63 - Questions And Answers 100% Verified. Exceptions for BD Agents - correct answer. 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 state in which the customer is temporarily located. -Time frame is 30 days or less 2.) New Resident Customer (60 day) -RR is ...

Series 63 Questions And Answers Well Illustrated. agent - correct answer. 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." Two types of agents - correct answer. An individual who represents a broker dealer in effecting or attempting to effect securities tr...

Series 63 - Practice Exam Questions And Answers Well Illustrated. An existing customer of a broker-dealer registered in State A is vacationing in State B. Can the broker-dealer solicit the customer? - correct answer. The broker-dealer may solicit the customer in State B without registering in State B. If a broker-dealer effects a transaction in a state (unless an exemption is available), the broker-dealer must be registered in that state. One of the exemptions available, however, ...

Which of the following would be considered an advertisement under the Marketing Rule? A conversation between an IA representative and a client about investment options B response to a prospective client's request for information on the lA's hypotheticol performance results C Form ADV Part 2 mailed to all current clients D email about a new portfolio option sent to current clients - Precise Answer D = email about a new portfolio option sent to current clients 4, Which of the following st...

SERIES 63 – EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS

Series 63 Exam Questions and Answers (Laest Update 2024)

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 state in which the customer is temporarily located. -Time frame is 30 days or less 2.) New Resident Customer (60 day) -RR is not considered an agent in customers new state for a period of 60...

Series 63 A+ GRADED EXAM 2024 VERIFIED

COMPREHENSIVE Series 63 QUESTIONS AND ANSWERS 2024 VERIFIED