Free FINRA Series-6 Exam Questions
Try our Free Demo Practice Tests for Comprehensive Series-6 Exam Preparation
-
FINRA Series-6 Exam Questions
-
Provided By: FINRA
- Exam: Investment Company and Variable Contracts Products Representative
- Certification: FINRA Representative-level
-
Total Questions: 328
-
Updated On: Mar 27, 2025
-
Rated: 4.9 |
-
Online Users: 656
-
Question 1
-
In order for the Invest4U Mutual Fund to qualify as a regulated investment company under Internal Revenue Code Subchapter M, it must:
Answer: D
-
In order for the Invest4U Mutual Fund to qualify as a regulated investment company under Internal Revenue Code Subchapter M, it must:
-
Question 2
-
Which of the following correctly describes how the holding period of a security is calculated when determining whether
its sale will result in a short-term or a long-term capital gain?
Answer: A
-
Which of the following correctly describes how the holding period of a security is calculated when determining whether
its sale will result in a short-term or a long-term capital gain?
-
Question 3
-
Which of the following statements regarding a Coverdell Education Savings Plan (ESA) are true? I. There are income limitations regarding those who may contribute to an ESA. II. There is a maximum annual aggregate amount that can be contributed to a single beneficiary’s account. III. Contributions to an ESA are tax deductible. IV. The monies must be used prior to the beneficiary’s 30th birthday for education-related expenses in order to avoid paying both taxes and a penalty.
Answer: C
-
Which of the following statements regarding a Coverdell Education Savings Plan (ESA) are true? I. There are income limitations regarding those who may contribute to an ESA. II. There is a maximum annual aggregate amount that can be contributed to a single beneficiary’s account. III. Contributions to an ESA are tax deductible. IV. The monies must be used prior to the beneficiary’s 30th birthday for education-related expenses in order to avoid paying both taxes and a penalty.
-
Question 4
-
The total of a mutual fund’s front-end load, rear-end load, and 12b-1 fees may not exceed:
Answer: C
-
The total of a mutual fund’s front-end load, rear-end load, and 12b-1 fees may not exceed:
-
Question 5
-
Which of the following is not a characteristic of all auction stock exchanges in the U.S.? the exchange.
Answer: D
-
Which of the following is not a characteristic of all auction stock exchanges in the U.S.? the exchange.