1 / 3

Free Series 6 Dump Sheet from DumpsArena – Pass with Confidence

A dump sheet is a quick reference guide that consolidates crucial information. Use it to review key concepts before the exam.

Donnell2
Download Presentation

Free Series 6 Dump Sheet from DumpsArena – Pass with Confidence

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Series 6 exam is a critical step for financial professionals looking to sell investment products such as mutual funds, variable annuities, and other securities. It is officially known as the Investment Company and Variable Contracts Products Representative Qualification Examination. Passing this exam requires a strong understanding of financial concepts, regulations, and investment series 6 dump sheet principles. With the right preparation and study materials, success is within reach. This is where our free Series 6 dump sheet comes into play, helping candidates streamline their study process and focus on key exam topics. What is the Series 6 Exam? The Series 6 exam, administered by the Financial Industry Regulatory Authority (FINRA), assesses a candidate's ability to understand and sell investment company and variable contract products. The test consists of 50 multiple-choice questions, and candidates must complete it within one hour and 30 minutes. A passing score of 70% is required to obtain the Series 6 license. The exam covers four major functions: Seeks Business for the Broker-Dealer from Customers and Potential Customers (24% of the exam) Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives (20% of the exam) CLICK HERE FOR MORE INFO: https://dumpsarena.com/finra-dumps/series-6/ Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets, and Maintains Appropriate Records (44% of the exam) Obtains and Verifies Customers' Purchases and Sales Instructions; Processes, Completes, and Confirms Transactions (12% of the exam) Q1: Which regulatory body enforces rules for broker-dealers and registered representatives in the securities industry? a) SEC b) FINRA c) SIPC d) MSRB Q2:Which of the following fees is included in a mutual fund’s expense ratio? a) Front-end load b) Back-end load c) Management fees d) 12b-1 fees

  2. Q3: Which type of risk is associated with the potential for rising interest rates to negatively affect bond prices? a) Market risk b) Liquidity risk c) Interest rate risk d) Credit risk Q4: A customer wants to invest in a mutual fund but will need the money within a year. What is the most appropriate recommendation? a) A high-yield corporate bond fund b) A money market mutual fund c) An equity mutual fund d) A sector-focused mutual fund Q5: Which of the following is NOT a characteristic of a variable annuity? a) The investor assumes market risk b) Earnings grow tax-deferred c) Payouts are guaranteed and fixed d) Contributions purchase accumulation units Q6: What is the tax treatment of dividends paid by a mutual fund if reinvested? a) Tax-free b) Taxable in the year received c) Deferred until withdrawal d) Taxed only at withdrawal in retirement Q7: Which class of mutual fund shares typically has no front-end load but higher annual expenses? a) Class A b) Class B c) Class C d) Class D 8. Prospectus & Disclosures Q8: How often must a mutual fund update its prospectus? a) Every quarter b) Annually c) Every five years d) Only when material changes occur Q9: If a registered representative receives a customer complaint in writing, what must they do? a) Ignore it if it’s not serious b) Attempt to resolve it verbally c) Forward it to the firm’s principal d) Respond personally with an apology

  3. Q10: What is the minimum percentage of assets that a diversified investment company must invest in securities that meet diversification requirements? a) 50% b) 60% c) 75% d) 90% Would you like the answers and explanations for these questions? 11. Which of the following securities is NOT considered an investment company under the Investment Company Act of 1940? a) Unit Investment Trust (UIT) b) Mutual Fund c) Variable Annuity Separate Account d) Real Estate Investment Trust (REIT) 12. What is the primary function of the Securities Act of 1933? a) Regulate trading on secondary markets b) Protect investors from fraudulent sales practices c) Require full disclosure of material information about new securities offerings d) Oversee the activities of broker-dealers and investment advisers 13. Which type of mutual fund seeks capital appreciation and typically has a higher level of risk? a) Money market fund b) Growth fund c) Bond fund d) Balanced fund 14. A registered representative recommends a mutual fund to a client without considering their investment objectives. This is a violation of which FINRA rule? a) Rule 144 b) Regulation T c) Suitability Rule (Regulation Best Interest) d) Rule 147 15. What is the main advantage of investing in a no-load mutual fund? a) Lower annual expense ratios b) No sales charges or commissions c) Higher potential returns than load funds d) Guaranteed returns

More Related