exam questions

Exam Series 63 All Questions

View all questions & answers for the Series 63 exam

Exam Series 63 topic 1 question 19 discussion

Actual exam question from FINRA's Series 63
Question #: 19
Topic #: 1
[All Series 63 Questions]

Most individual state securities laws today are based on:

  • A. the Uniform Securities Act of 1956.
  • B. the Uniform Securities Act of 2002.
  • C. the National Securities Markets Improvement Act of 1996.
  • D. the Gramm-Leach-Bliley Act of 1999.
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️
Most individual state securities laws continue to be based on the 1956 Uniform Securities Act. Although the Uniform Securities Act was revised in
1985, 1988, and 2002, none of these revisions have been widely incorporated by the individual states. The National Securities Markets Improvement Act of 1996 dealt mainly with the definition of federal covered securities and more efficient management of mutual funds. The focus of the Gramm-Leach-Bliley Act of 1999 was on financial institutions.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Currently there are no comments in this discussion, be the first to comment!
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago