Series 66 Progress Exam 1A Question &
Answers ( Latest 2025 )
According to the Uniform Securities Act, when does the registration of a
financial professional become effective? - CORRECT ANSWERS ✔✔C
At noon on the 30th day after filing
With reference to the Uniform Securities Act, when does an agent's
registration become effective? - CORRECT ANSWERS ✔✔30 days
after filing the application
Under the Uniform Securities Act, an employee of a municipal issuer
selling securities to the public is considered: - CORRECT ANSWERS
✔✔Not an agent
A broker-dealer registered in Georgia sells a security listed on Nasdaq.
The transaction takes place in the secondary market between two
clients who are Georgia residents. According to the USA, which of the
following statements is TRUE? - CORRECT ANSWERS ✔✔The
security is not required to be registered in Georgia
Which of the following statements is TRUE regarding the Consent to
Service of Process? - CORRECT ANSWERS ✔✔It is used for receiving
and processing noncriminal complaints.
If an agent resigns from their broker-dealer and is subsequently hired
by another broker-dealer, who is required to notify the Administrator?
The broker-dealer that the agent resigned from
, Series 66 Progress Exam 1A Question &
Answers ( Latest 2025 )
The broker-dealer that now employees the agent
The agent
Any one of the above mentioned persons - CORRECT ANSWERS
✔✔I, II, and III
Which of the following statements is TRUE regarding surety bonds?
A It is always required of broker-dealers registering under the USA.
B It is always required of investment advisers registering under the
USA.
C It must always be issued by a bonding company.
D The Administrator may allow a deposit of cash or securities. -
CORRECT ANSWERS ✔✔D The Administrator may allow a deposit of
cash or securities.
Sharon is responsible for answering phones and filing paperwork for
Graceland Securities. Her title is Director of Human Resources. Under
the Uniform Securities Act:
A Sharon is an agent since all officers of a securities firm are considered
agents
B Sharon is not considered an agent since she is not involved in sales or
trading
C Sharon is considered an agent, but would not need to pass a
qualifying exam
Answers ( Latest 2025 )
According to the Uniform Securities Act, when does the registration of a
financial professional become effective? - CORRECT ANSWERS ✔✔C
At noon on the 30th day after filing
With reference to the Uniform Securities Act, when does an agent's
registration become effective? - CORRECT ANSWERS ✔✔30 days
after filing the application
Under the Uniform Securities Act, an employee of a municipal issuer
selling securities to the public is considered: - CORRECT ANSWERS
✔✔Not an agent
A broker-dealer registered in Georgia sells a security listed on Nasdaq.
The transaction takes place in the secondary market between two
clients who are Georgia residents. According to the USA, which of the
following statements is TRUE? - CORRECT ANSWERS ✔✔The
security is not required to be registered in Georgia
Which of the following statements is TRUE regarding the Consent to
Service of Process? - CORRECT ANSWERS ✔✔It is used for receiving
and processing noncriminal complaints.
If an agent resigns from their broker-dealer and is subsequently hired
by another broker-dealer, who is required to notify the Administrator?
The broker-dealer that the agent resigned from
, Series 66 Progress Exam 1A Question &
Answers ( Latest 2025 )
The broker-dealer that now employees the agent
The agent
Any one of the above mentioned persons - CORRECT ANSWERS
✔✔I, II, and III
Which of the following statements is TRUE regarding surety bonds?
A It is always required of broker-dealers registering under the USA.
B It is always required of investment advisers registering under the
USA.
C It must always be issued by a bonding company.
D The Administrator may allow a deposit of cash or securities. -
CORRECT ANSWERS ✔✔D The Administrator may allow a deposit of
cash or securities.
Sharon is responsible for answering phones and filing paperwork for
Graceland Securities. Her title is Director of Human Resources. Under
the Uniform Securities Act:
A Sharon is an agent since all officers of a securities firm are considered
agents
B Sharon is not considered an agent since she is not involved in sales or
trading
C Sharon is considered an agent, but would not need to pass a
qualifying exam
