最新のSeries_63問題集で試験を準備する

Registration by coordination is provided for by which of the following federal securities acts?

• A. Securities and Exchange Act of 1934
• B. Investment Company Act of 1940
• C. Securities Act of 1933
• D. Investment Advisers Act of 1940

Ms. Ding is an administrative assistant to the manager of a mutual fund. Most of her day is spent entering
data onto a spreadsheet for her boss and answering phone calls. Some of the calls require her to provide
information about the some of the fund's financial aspects, such as its closing net asset value on the
previous day. What type of registration does Ms. Ding require in order to perform her duties?

• A. Ms. Ding will need to apply for registration as both an agent and an investment adviser representative
  in this case since she is providing information about a mutual fund.
• B. Ms. Ding needs to apply for registration as an investment adviser representative since she is providing
  information about a specific mutual fund.
• C. Ms. Ding needs to apply for registration as an agent since she is providing financial information.
• D. Ms. Ding does not need to apply for any type of registration. She is merely supplying information and is
  not engaged in the purchase or sale of the fund shares.

For how long after the effective date is a security's registration valid?

• A. six months
• B. one year
• C. two years
• D. three months

John Ketchum is an investment adviser representative with Load Investment Advisers, which has a family
of load funds that it encourages its representatives to promote. Representatives of the firm that sell
shares in these funds to their clients receive a greater share of the load than they do if they sell load funds
offered by other firms. Based on these facts, which of the following statements is true?

• A. If, after reviewing the information form a client has filled out, John believes that one of Load's funds is
  an appropriate investment, John can recommend that the client invest in that fund. There is no disclosure
  requirement necessary if the recommendation is a sound one that can be proved to be based on the
  client's specific situation.
• B. Both A and B are true.
• C. John must provide his clients with a written disclosure that he will receive a greater remuneration for
  selling shares in the Load family of funds than if he sells them shares in other funds before he provides his
  clients with any investment advice.
• D. John is obligated to try to sell his clients the funds offered by Load first since he is affiliated with them
  and has a fiduciary responsibility to them.

Which of the following would not appear on an order ticket?

• A. the stock symbol
• B. the settlement date
• C. the agent's commission
• D. the account number of the client buying or selling the security