Finra Exam Series-7 Topic 1 Question 72 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 72
Topic #: 1

[All Series-7 Questions]

Which of the following is not provided for by Blue Sky laws?

Aregistration of representatives

Bregistration of securities offered in the state

Cinterstate mail fraud in securities offerings

Dregistration of securities dealers

Show Suggested Answer

Suggested Answer: C

they are adjusted for cash dividends. This is the statement that is ''not'' true.

by Rory at Jul 25, 2023, 02:27 AM

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Susana

1 months ago

Registration of securities dealers? That's like trying to herd cats. I'm still trying to figure out what Blue Sky laws actually do.

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Marta

8 days ago

It's definitely confusing. Blue Sky laws vary by state, so it can be hard to keep track.

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Tawanna

1 months ago

Ah, the good old Blue Sky laws. They're supposed to protect investors, not create a maze of bureaucracy. I'll go with C on this one.

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Dana

8 days ago

I agree, C seems like the odd one out.

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Reuben

2 months ago

Interstate mail fraud? That's like trying to sell the Brooklyn Bridge over the internet. C'mon, that's not what Blue Sky laws are about.

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Abraham

1 days ago

C) interstate mail fraud in securities offerings

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Tatum

12 days ago

B) registration of securities offered in the state

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Theron

12 days ago

C) interstate mail fraud in securities offerings

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Yvette

13 days ago

B) registration of securities offered in the state

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Eura

23 days ago

A) registration of representatives

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Mica

1 months ago

A) registration of representatives

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Dahlia

2 months ago

Blue Sky laws? I thought we were talking about clear skies and sunshine. This question is as cloudy as a rainy day.

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Shaniqua

23 days ago

D) registration of securities dealers

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Glory

29 days ago

C) interstate mail fraud in securities offerings

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Kerry

1 months ago

B) registration of securities offered in the state

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Janessa

2 months ago

A) registration of representatives

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Lavonna

2 months ago

I'm not sure about this one. Can someone explain why C) is the correct answer?

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Jaclyn

2 months ago

I agree with Oliva. Blue Sky laws focus on registration and oversight, not on fraud prevention.

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Oliva

3 months ago

I think the answer is C) interstate mail fraud in securities offerings.

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