Confidently Practice Online with Free Series-6 Exam Cram

Dottie is a newly-minted, registered representative and is doing some cold calling to line up appointments with prospects. When doing so, Dottie: I. must not call anyone on her firm’s do-not-call list. II. must not call anyone on the FTC’s national do-not-call-list. III. must not call anyone before 7 a.m. or after 7 p.m., based on the time zone of the person being called. IV. must provide the person called with her name, the name and contact information of her firm, and the purpose of her call.

Rank the following funds in order of their relative risk, from highest to lowest: I. growth fund II. high-yield bond fund III. high-grade bond fund IV. international fund

The Securities Exchange Commission consists of:

Which of the following do not fall under the category of “advertisement,” as defined by FINRA? I. scripts used in telemarketing the products of the member firm II. a website maintained by the member firm III. research reports that the member firm distributes to both its existing clients and its prospective clients IV. sales material that a member firm distributes only to its institutional clients

Which of the following statements regarding a Coverdell Education Savings Plan (ESA) are true? I. There are income limitations regarding those who may contribute to an ESA. II. There is a maximum annual aggregate amount that can be contributed to a single beneficiary’s account. III. Contributions to an ESA are tax deductible. IV. The monies must be used prior to the beneficiary’s 30th birthday for education-related expenses in order to avoid paying both taxes and a penalty.