Series 79 Flash Cards with complete solutions 2024

Series 79 Flash CardsU5 Form? - correct answer Generated when you quit or resign from a securities firm. Must be reviewed with new employer within 60 days of filing U4 application U4 Form? - correct answer Must be filed to register with any SRO and be filed with the Central Registration Depository. Disqualified from U4 if any of these apply to you: 1. Fasle reports. 2. Bribery 3. Perjury 4. ANY other felony. Banned for 10 years and needs waiver to be hired Who must register for series 7? - correct answer Anyone engaged in 'general securities business' How may times can you fail the 79 exam? - correct answer 3 times. After the first time you have to wait one month before retaking. After second test you have to wait six months. What registration exam do most states require? - correct answer The series 63 What kind of work can non-registered employees perform? - correct answer Extend invitations 2. Inquire of customers for a registered rep. 3. Inquire if customer wants to receive any offering documents. They can NOT give recommendations or pricing