Finra Exam Series-63 Topic 5 Question 1 Discussion

Actual exam question for Finra's Series-63 exam

Question #: 1
Topic #: 5

Which of the following would a firm not be expected to provide to the Administrator when registering an issue of securities with the state?

Aall sales and advertising materials that will be used in conjunction with the offering.

Bthe agreement between the issuing firm and the underwriters.

Cthe agreement among the underwriters themselves.

DThe firm will be expected to provide all of the above to the Administrator when registering an issue of securities with the state.

Show Suggested Answer

Suggested Answer: D

The firm will be expected to provide all of the above-sales and advertising materials to be used in the offering, the agreement between the issuing firm and its underwriters, and the agreement among the underwriters themselves.

by Nakita at Mar 07, 2025, 11:27 AM

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Arthur

3 months ago

I think the firm will be expected to provide all of the above to the Administrator.

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Salley

3 months ago

I believe the agreement among the underwriters themselves is also important to provide.

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3 months ago

D seems like the correct answer. The firm will be expected to provide all of the above to the Administrator when registering an issue of securities with the state.

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Stephaine

2 months ago

D) The firm will be expected to provide all of the above to the Administrator when registering an issue of securities with the state.

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Monte

3 months ago

C) the agreement among the underwriters themselves.

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Vernell

3 months ago

B) the agreement between the issuing firm and the underwriters.

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Ronny

3 months ago

A) all sales and advertising materials that will be used in conjunction with the offering.

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Dolores

4 months ago

I think the answer is B. The firm would not be expected to provide the agreement between the underwriters themselves, since that's an internal matter between the underwriters.

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Niesha

3 months ago

B) the agreement between the issuing firm and the underwriters.

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Torie

3 months ago

A) all sales and advertising materials that will be used in conjunction with the offering.

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