Free FINRA Series-6 Exam Questions

Become FINRA Certified with updated Series-6 exam questions and correct answers

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Total 328 Questions | Updated On: Jan 07, 2025

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Question 1

The Securities Exchange Commission consists of:

A : 6 members, elected by member firms.

B : 5 members, appointed by the President of the U.S., with Senate approval

C : 7 members, appointed by FINRA.

D : 5 members, appointed by the Secretary of Treasury of the U.S.

Answer: B

Question 2

By investing in a diversified portfolio, an investor will:

A : lower both his risk and his expected return.

B : lower his risk without affecting his expected return.

C : lower his risk and increase his expected return.

D : eliminate all the market risk associated with his investment portfolio.

Answer: B

Question 3

The total of a mutual fund’s front-end load, rear-end load, and 12b-1 fees may not exceed:

A : 10.0% of the fund’s offer price.

B : 10.0% of the fund’s net asset value.

C : 8.5% of the fund’s offer price.

D : 8.5% of the average annual net assets of the fund.

Answer: C

Question 4

A retirement plan under which the benefit to be paid upon retirement is specified when an employee is signed up for the plan is known as a:

A : 401(k) plan.

B : SIMPLE-IRA.

C : defined benefit plan.

D : defined contribution plan.

Answer: C

Question 5

Which of the following steps in the underwriting process will occur last?

A : The underwriting syndicate is formed.

B : The selling group is organized.

C : The public offering price is set.

D : A red herring prospectus is circulated to the public.

Answer: C

Page: 1 / 66

Total 328 Questions | Updated On: Jan 07, 2025

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