A series 26 exam question

Here is a great series 26 exam question from the financial records section of the exam:

As it relates to subordinated loan agreements which of the following are true?
I. They must be approved by the regulators
II. They may be added to the broker dealer's net worth
III. They must be filed 30 day prior to becoming effective.
IV. They must be for a minimum of 2 years


A) I and II
B) III and IV
C) I, II and III
D) I, II, III, IV





C) All of the answers are true except that a subordinated loan is for a minimum of 1 year not 2.

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Series 24 exam questions

Series 24 exam questions

Here is a good example of a series 24 exam question:

A purchaser's representative may not do all of the following except:

A) Receive a blanket appointment to represent the investor for all private placements
B) Be an officer, director or affiliate of the issuer
C) Be an employee of the issuer
D) Be a relative of the prospective purchaser who is affiliated with the issuer


D) If the investor's representative is a close relative that is affiliated with the issuer they may still represent the purchaser.

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Series 6 Exam Questions

Here is a good example of a series 6 exam question from the evaluation of customers section.

A conservative investor is extremely concerned about preserving the money she has saved; an appropriate investment for her would be:

A) Preferred Stock
B) Common Stock
C) A growth mutual fund
D) High grade corporate bonds

D) High-grade corporate bonds would have the least risk and would be the most appropriate investment for this client.

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Should I take the series 65 or series 66 exam?

Many students wrestle with this question. The series 66 combines both the series 63 and series 65 registration. However, the passing score for the series 66 is 71% while the passing score for the series 65 is 68.5%. If you already have your series 63 registration the series 65 is definitely the way to go. Additionally if you live in a state that does not require the series 63 the series 65 is again the way to go. Keep in mind that the series 7 is the co requisite for the series 66. That is you can not conduct any business after passing the series 66 without passing the series 7 as well. Take some free series 65 test questions on our site at: http://www.securitiesce.com/web/pages/series65/index.php

Take some free series 66 test questions on our site at:
http://www.securitiesce.com/web/pages/series66/index.php

A series 65 Test Question

Another example of a series 65 test question

Which of the following is the most sensitive/volatile short term interest rate?
A)Broker call loan rate
B) Discount rate
C) Federal funds rate
D)Prime Rate


C) The fed funds rate is considered to be the most volatile of all short term interest rates.

Take some more free series 65 test questions on our site at
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