FINRA Series_63 Q&A - in .pdf

  • Series_63 pdf
  • Exam Code: Series_63
  • Exam Name: Uniform Securities Agent State Law Examination
  • Updated: May 27, 2026
  • Q & A: 255 Questions and Answers
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FINRA Series_63 Value Pack
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  • Exam Code: Series_63
  • Exam Name: Uniform Securities Agent State Law Examination
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  • Updated: May 27, 2026
  • Q & A: 255 Questions and Answers
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FINRA Series_63 Q&A - Testing Engine

  • Series_63 Testing Engine
  • Exam Code: Series_63
  • Exam Name: Uniform Securities Agent State Law Examination
  • Updated: May 27, 2026
  • Q & A: 255 Questions and Answers
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FINRA Uniform Securities Agent State Law Examination Sample Questions:

1. Penny Swyne, an agent employed by Bear Broker-Dealers, has received a written complaint via e-mail
from Mr. Wolf regarding her performance as his agent. What are Ms. Swyne's legitimate options?

A) Ms. Swyne must provide Bear Broker-Dealers with a copy of the complaint.
B) Ms. Swyne must forward the complaint to the state Administrator.
C) As illegal as it may sound, since the complaint was via e-mail, Ms. Swyne can hit the delete button and
make it all go away.
D) Ms. Swyne can call Mr. Wolf and offer to meet him for a romantic dinner and try to convince him to
revoke the complaint.


2. Your client calls you with a market order to purchase 500 shares of the stock of Oracle and asks when
payment will be due. If today is Wednesday, September 15th, you inform the client that payment is due on

A) Monday, September 20th.
B) Thursday, September 16th.
C) Saturday, September 18th.
D) Friday, September 17th.


3. Fly-By-Night Investment Advisers has closed its doors. Which of the following statements is true?

A) Fly-By-Night must send each of its former clients its records of all that client's transactions and
communications with the firm over the past five years.
B) Fly-By-Night must send all records of client transactions and communications to the state Administrator
for safekeeping.
C) Fly-By-Night is required to shred all documentation of client transactions and communications.
D) Fly-By-Night must preserve and maintain all records, including client transactions and communications,
advertising materials, and financial statements of the now-defunct business for five years.


4. If a person has had its license revoked by the Administrator of the state and has appealed the decision to
a court of law, that person

A) must notify the Administrator of the state that it has appealed the decision.
B) is considered to have a revoked license until the courts rule otherwise.
C) can continue business as usual pending the resolution of the appeal.
D) Both B and C are true statements.


5. Which of the following would not fall under the classification of "institutional investor"?

A) Franklin Templeton Mutual Funds
B) Prudential Insurance
C) Neuring Investment Advisers
D) Chase Bank


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: C

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