the Uniform Securities Act, which of the following
are defined as securities?
I. Variable annuities
II. Fixed annuities
III. Oil & gas program fractional interests
IV. Real estate limited partnerships
a) I, III & IV
b) III & IV
c) I & II
d) I, II, III & IV
The correct answer is a.
Fixed annuities are not considered securities, since the purchaser bears no investment risk. However, variable annuities, real estate limited partnerships and fractional interests in oil & gas programs are all defined as securities.
Learn about the regulatory exams needed to become a limited or registered representative and the main differences between ...
There are no prerequisites to register for the Series 63 exam. However, once you have registered for the exam, you must schedule ...
After having written the Series 6 examination, there would be significant overlap with the Series 7 in areas such as mutual ...
Learn more about special accommodations offered by Series 63 testing sites, and discover how to request special accommodations ...
A examination to ensure a candidate is qualified to become a ...
A person who prepares investigative reports on equity securities. ...
An exam required for individuals seeking to engage in off-exchange ...
One who provides financial advice or guidance to customers for ...
An exam offered by the Financial Industry Regulatory Authority ...
An exam given by the Financial Industry Regulatory Authority ...