FINRA Series6 問題集

質問 1：
Giant Investments mass mails a single-page, glossy flyer that lists the types of mutual funds it offers,
along with a general explanation of what the investment objective of each type of fund is. The flyer also
prominently provides Giant's contact information. Given these facts:
A. Giant Investments must submit a copy of this brochure within 10 days of its initial distribution date to
FINRA.
B. None of the above statements is true.
C. the brochure will be subject to spot checks by FINRA and will need to be kept on file.
D. a principal of Giant Investments must sign (or initial) and date the brochure, giving it his official
approval.
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 2：
Jack is an investment adviser representative employed by Giant Investments, a family of mutual funds.
Jack has recently read an article posted on the web that he thinks explains some consequences of some
tax law changes that are being considered extremely well, and he e-mails his existing retail customers
with a summary of the salient facts of the article. Given these facts:
A. Jack has violated FINRA rules if he did not first have a principal of Giant approve his e-mail prior to
hitting the send button.
B. Both A and C are true statements regarding this situation.
C. Jack must submit a copy of the e-mail to a principal of the company, but he did not need to do so prior
to sending the e-mail.
D. a copy of the e-mail must be submitted to FINRA within 10 days of Jack's hitting the send button.
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 3：
Sarah Bean is a registered representative with NewWave Investments, a family of mutual funds. She has
recommended one of NewWave's funds to a client and given him a prospectus. The prospectus provides
information about the fund's breakpoints and indicates that an investment of $25,000 or more will lead to
a reduced front-end load. The prospectus also clearly explains the details of a letter of intent. Sarah's
client invests $23,000 in the fund then and there without even opening the prospectus. Has Sarah violated
any of FINRA's rules of conduct?
A. No. Sarah properly provided her client with a prospectus prior to selling him shares of the fund.
B. Yes. Sarah is required to explain the concepts of breakpoints and letters of intent to her client.
C. Yes. Sarah is not permitted to accept funds from a client without the presence of her immediate
supervisor.
D. Yes. Sarah needed to tell her client that he would have to read through the prospectus to ensure he
understood all aspects of the investment before she could take any money from him.
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 4：
MoeMoney Investments is a diversified management company. This means that:
A. it is a mutual fund.
B. it may invest no more than 5% of its investment monies in one issuer.
C. it must be invested in a variety of industries and geographic regions.
D. it is a closed-end company.
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 5：
GoForBroke Investments has registered with the SEC to be a market maker in certain NASDAQ-listed
securities. In order to be able to enter bid and ask quotes for the securities in which it is going to make a
market, GoForBroke must subscribe to which level of NASDAQ?
A. Level I
B. Level II
C. Level III
D. Level IV
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 6：
Which of the following must be true for a fund to be called a "no load" fund?
I. The fund can have no front-end load.
II. The fund can have no contingent deferred sales charge.
III. The fund can charge no 12b-1 fees.
IV. The fund cannot charge investors an exchange fee.
A. Only I and II must be true.
B. I, II, and III must all be true.
C. I, II, III, and IV must all be true.
D. Only I must be true.
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 7：
Which of the following statements about the over-the-counter market is true?
A. Trades in the over-the-counter market are conducted via the auction process.
B. Only penny stocks are traded in the over-the-counter market.
C. Only bonds and other debt instruments are traded in the over-the-counter market.
D. Stocks that are listed on exchange floors are also traded in the over-the-counter market.
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 8：
Which of the following statements about non-qualified employer-sponsored retirement plans is false?
A. An employer does not have to offer the plan to all employees over 21 years old.
B. The plan does not have to abide by ERISA's vesting requirements.
C. The plan may be either funded or unfunded.
D. The earnings on the plan's contributions remain untaxed until they are withdrawn.
正解：D
解説: (Topexam メンバーにのみ表示されます)