Series 63: Exercise

Exercise

Choose ALLOWED or NOT ALLOWED

1. _____ When meeting with a new client, agent Earnest Starr fails to disclose his past work as a commercial actor.

2. _____ Abel Mann, an agent, effects a transaction in a new security. He provides a copy of the preliminary prospectus on the day that the client receives a trade confirmation and then gives his client a copy of the final prospectus one day later.

3. _____ Cindy Redd, an investment adviser, publishes an advertisement in which she notes that she has passed all of her licensing exams and is properly registered with FINRA.

4. _____ Investment adviser Serta Nement regularly promises potential clients that if they follow her advice their investments will see significant gains.

5. _____ Bill Vonn, an investment adviser, completes a contract with a new client. In the contract, Bill’s fee is not listed; however, he and his client have a