A PACKAGE DEAL FOR SERIES 66
MASTERY EXAM QUESTIONS AND BEST
ACCURATE ANSWERS FOR YOUR
GARANTEED A+ PASS.
C) State A and State B. - Answer >>>An individual is employed by Prolixity
Investment Advisers (PIA), an investment adviser with almost $200 million in
assets under management (AUM). The individual works out of PIA's office in State
A and spends three days every month in PIA's State B office where she conducts
concise investing seminars for potential advisory clients. Under the provisions of
the Uniform Securities Act and applicable federal laws, this individual would be
required to register as an investment adviser representative in
A) State B.
,B) no state, because the individual does not provide investment advice to any
retail clients.
C) State A and State B.
D) State A.
C) Investment policy statement - Answer >>>Which of the following is a written
document that sets forth a client's objectives, sets limitations on the portfolio
manager, provides guidance to the portfolio manager, and provides a means for
evaluating performance?
A) Risk profile questionnaire
B) Financial planning disclosure
C) Investment policy statement
D) New account form
,B) in a face-to-face meeting with a client. - Answer >>>Social media concerns are
not likely to occur when an agent is
A) linking to a third-party site on Facebook.
B) in a face-to-face meeting with a client.
C) communicating with a client via email.
D) posting a tweet.
A) Wisconsin and Illinois. - Answer >>>XYZ Securities is a broker-dealer based in
Wisconsin with offices in no other state. In addition to its Wisconsin clients, XYZ
has 30 retail customers living in Illinois. During the winter, if 10 existing customers
vacation in Florida for up to seven weeks at a time, XYZ Securities is a broker-
dealer in
, A) Wisconsin and Illinois.
B) Wisconsin, Illinois, and Florida.
C) all states having enacted the USA.
D) Wisconsin only.
C) $11.80 per share - Answer >>>An investor begins contributing $600 on the third
day of each month to a purchase plan for the KAPCO Total Return Fund. For the
first six months, the per share prices were as follows:
$10
$12
$15
$20
MASTERY EXAM QUESTIONS AND BEST
ACCURATE ANSWERS FOR YOUR
GARANTEED A+ PASS.
C) State A and State B. - Answer >>>An individual is employed by Prolixity
Investment Advisers (PIA), an investment adviser with almost $200 million in
assets under management (AUM). The individual works out of PIA's office in State
A and spends three days every month in PIA's State B office where she conducts
concise investing seminars for potential advisory clients. Under the provisions of
the Uniform Securities Act and applicable federal laws, this individual would be
required to register as an investment adviser representative in
A) State B.
,B) no state, because the individual does not provide investment advice to any
retail clients.
C) State A and State B.
D) State A.
C) Investment policy statement - Answer >>>Which of the following is a written
document that sets forth a client's objectives, sets limitations on the portfolio
manager, provides guidance to the portfolio manager, and provides a means for
evaluating performance?
A) Risk profile questionnaire
B) Financial planning disclosure
C) Investment policy statement
D) New account form
,B) in a face-to-face meeting with a client. - Answer >>>Social media concerns are
not likely to occur when an agent is
A) linking to a third-party site on Facebook.
B) in a face-to-face meeting with a client.
C) communicating with a client via email.
D) posting a tweet.
A) Wisconsin and Illinois. - Answer >>>XYZ Securities is a broker-dealer based in
Wisconsin with offices in no other state. In addition to its Wisconsin clients, XYZ
has 30 retail customers living in Illinois. During the winter, if 10 existing customers
vacation in Florida for up to seven weeks at a time, XYZ Securities is a broker-
dealer in
, A) Wisconsin and Illinois.
B) Wisconsin, Illinois, and Florida.
C) all states having enacted the USA.
D) Wisconsin only.
C) $11.80 per share - Answer >>>An investor begins contributing $600 on the third
day of each month to a purchase plan for the KAPCO Total Return Fund. For the
first six months, the per share prices were as follows:
$10
$12
$15
$20
