SERIES-63 practice question 20 of 35
Broker-Dealer Wheeler has no offices in the state. Wheeler does, however, sell corporate bonds from his portfolio to banks and insurance companies…
Choose your answer, then check it against the explanation.
Broker-Dealer Wheeler has no offices in the state. Wheeler does, however, sell corporate bonds from
his portfolio to banks and insurance companies located in the state that purchase the bonds for their
investment portfolios. He executes about twelve of these transactions a year. Wheeler profits from
the price appreciation of the bonds during the time he held them, but receives no other form of
compensation. Based on these facts,
Question 20 of 35
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