Series 53 Exam 2025 Questions and Answers

Series 53 Exam 2025 Questions and
Answers


Blotter


maintenance of Books& Records - ANSWER✔✔-6 years


Shows purchases and sales of Muni Securities & are prepped no later than the end of

the business day following the trade date


Account Records


maintenance of Books& Records - ANSWER✔✔-6 years


Transactions are posted no later than settlement date


Securities Records


maintenance of Books& Records - ANSWER✔✔-6 years


transactions are posted no later than the end of the business day following the

settlement date


Syndicate Transactions

, maintenance of Books& Records - ANSWER✔✔-6 years


for accounts that are successful


Customer Complaints


maintenance of Books& Records - ANSWER✔✔-6 years


any action taken by the firm must be included


General Ledgers


maintenance of Books& Records - ANSWER✔✔-6 years


applies to firms subject to SEC's net capital rule ( not bank dealers)


Gifts and Gratuities


maintenance of Books& Records - ANSWER✔✔-6 years


Consulting Arrangements


maintenance of Books& Records - ANSWER✔✔-6 years


must reflect the comp paid as well as the termination date of the consulting

arrangement


Political contributions


maintenance of Books& Records - ANSWER✔✔-6 years