Finra Exam Series-7 Topic 1 Question 72 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 72
Topic #: 1

[All Series-7 Questions]

Which of the following is not provided for by Blue Sky laws?

Aregistration of representatives

Bregistration of securities offered in the state

Cinterstate mail fraud in securities offerings

Dregistration of securities dealers

Show Suggested Answer

Suggested Answer: C

they are adjusted for cash dividends. This is the statement that is ''not'' true.

by Rory at Jul 25, 2023, 02:27 AM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Susana

2 months ago

Registration of securities dealers? That's like trying to herd cats. I'm still trying to figure out what Blue Sky laws actually do.

upvoted 0 times

Lashawn

16 days ago

That makes sense. So, which option do you think is not provided for by Blue Sky laws?

upvoted 0 times

...

Alaine

17 days ago

I think Blue Sky laws are meant to protect investors from fraudulent securities practices.

upvoted 0 times

...

Ocie

20 days ago

I know, it's like a maze trying to understand all the different regulations.

upvoted 0 times

...

Marta

1 months ago

It's definitely confusing. Blue Sky laws vary by state, so it can be hard to keep track.

upvoted 0 times

...

Tawanna

2 months ago

Ah, the good old Blue Sky laws. They're supposed to protect investors, not create a maze of bureaucracy. I'll go with C on this one.

upvoted 0 times

Malcolm

27 days ago

Actually, it's A, registration of representatives.

upvoted 0 times

...

Yun

29 days ago

I think it's D, registration of securities dealers.

upvoted 0 times

...

Dana

1 months ago

I agree, C seems like the odd one out.

upvoted 0 times

...

Reuben

3 months ago

Interstate mail fraud? That's like trying to sell the Brooklyn Bridge over the internet. C'mon, that's not what Blue Sky laws are about.

upvoted 0 times

Abraham

1 months ago

C) interstate mail fraud in securities offerings

upvoted 0 times

...

Tatum

1 months ago

B) registration of securities offered in the state

upvoted 0 times

...

Theron

1 months ago

C) interstate mail fraud in securities offerings

upvoted 0 times

...

Yvette

1 months ago

B) registration of securities offered in the state

upvoted 0 times

...

Eura

2 months ago

A) registration of representatives

upvoted 0 times

...

Mica

2 months ago

A) registration of representatives

upvoted 0 times

...

Dahlia

3 months ago

Blue Sky laws? I thought we were talking about clear skies and sunshine. This question is as cloudy as a rainy day.

upvoted 0 times

Shaniqua

2 months ago

D) registration of securities dealers

upvoted 0 times

...

Glory

2 months ago

C) interstate mail fraud in securities offerings

upvoted 0 times

...

Kerry

2 months ago

B) registration of securities offered in the state

upvoted 0 times

...

Janessa

3 months ago

A) registration of representatives

upvoted 0 times

...

Lavonna

3 months ago

I'm not sure about this one. Can someone explain why C) is the correct answer?

upvoted 0 times

...

Jaclyn

3 months ago

I agree with Oliva. Blue Sky laws focus on registration and oversight, not on fraud prevention.

upvoted 0 times

...

Oliva

4 months ago

I think the answer is C) interstate mail fraud in securities offerings.

upvoted 0 times

...