Series 63 Exam Prep - Practice Test EXPLICATED

Must watch https://youtu.be/0MxV1TQX3JE Time stamps: 00:00 Intro 1:47 Registration of an agent 2:33 ABC test 4:29 Right of recission 6:20 Jurisdiction 8:45 Power of the state administrator 10:10 Definition of a B/D 12:14 Agent of a B/D 14:15 IAR making a recommendation 16:10 Record retention of a B/D 17:25 Registration of an Investment Advisor 19:05 Automatic registration of officers 20:15 Institutional investors 21:25 Agent registration 22:58 Annual delivery of the brochure 24:35 Sharing in a customer account 25:45 Fraudulent practices 27:02 Fictitious quotes 28:27 Brochure disclosures 31:48 Fraudulent practices 33:08 Agent acting unlawfully 35:15 Revocation of registration 38:10 Employee of the issuer with no compensation 39:30 Brochure delivery 42:30 Action of the administrator 43:45 Uniform Securities Act 44:30 Know your customer (KYC) 45:10 Exempt issuers 46:25 Commercial paper 47:55 Margin accounts' 49:04 Discretionary accounts 50:19 IA registration 52:07 B/D registration 53:50 Discretionary authority 54:20 Solicitors 55:00 FORM ADV Part 2 56:05 Release 1092 57:51 Qualified account 59:40 Unethical business practices 1:01:17 Agent registration' 1:02:47 Unregistered securities 1:04:01 Time and price 1:04:09 Public protection 1:05:59 Option trade 1:06:50 B/D registration 1:08:10 Conflicts of interest 1:09:03 Principal office 1:10:44 Changing firms 1:12:00 Unregistered personnel 1:12:57 Investment advisory contracts 1:13:45 Notifications 1:14:31 IA and IAR registrations 1:16:48 Disclosures 1:17:35 Federally cover3ed IAR 1:18:55 Rumors 1:20:00 Suitability 1:21:18 B/D fees 1:22:27 Nonexempt transactions 1:23:44 Fingerprint cards 1:24:40 B/D registration