Finra Exam Series-63 Topic 2 Question 7 Discussion

Actual exam question for Finra's Series-63 exam

Question #: 7
Topic #: 2

[All Series-63 Questions]

Which of the following entities is subject to be accused of churning?

I . investment advisers

II . investment adviser representatives

III . broker-dealers

IV . agents

AII and IV only

BI and III only

CII, III, and IV only

DI, II, III, and IV

Show Suggested Answer

Suggested Answer: D

The firm will be expected to provide all of the above-sales and advertising materials to be used in the offering, the agreement between the issuing firm and its underwriters, and the agreement among the underwriters themselves.

by Veronika at Mar 24, 2025, 12:02 PM

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Herschel

18 days ago

This question is as slippery as a greased pig. Better make sure I don't get caught up in any churning shenanigans!

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Gracie

23 days ago

Churning, huh? Sounds like a great workout routine. I'll have to try it out at the gym later.

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Kathryn

24 days ago

I'm going to have to study up on the regulations around churning before this exam. Wouldn't want to get caught churning by mistake!

upvoted 0 times

Maile

15 days ago

It's important to know the rules to avoid any issues.

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2 months ago

I think the answer is C) II, III, and IV only.

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