SERIES-63 practice question 22 of 35
An investment adviser I . provides investment advice to clients. II . sells securities to clients. III . buys and sells securities in their clients’ accounts for the clients.
Full set: 251 questionsCorrect Answer:
C. I and III only.
Explanation
An investment adviser provides investment advice to clients and may also buy and sell securities in their clients’ accounts for the clients. He does not, however, sell securities to his clients.
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