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Finra Series-6 Exam Questions

Exam Name: Investment Company and Variable Contracts Products Representative
Exam Code: Series-6
Related Certification(s): Finra Products Representative Qualification Certification
Certification Provider: Finra
Actual Exam Duration: 135 Minutes
Number of Series-6 practice questions in our database: 325 (updated: Jan. 28, 2025)
Expected Series-6 Exam Topics, as suggested by Finra :
  • Topic 1: Consideration of Promotion of Efficiency, Competition, and Capital Formation/ Reinvestment of dividend income and capital gains distributions
  • Topic 2: Employment of Manipulative and Deceptive Devices by Brokers or Dealers/ Seminars, lectures and other group forum requirements
  • Topic 3: Records To Be Made by Certain Exchange Members, Brokers and Dealers/ Standards and required approvals of public communications
  • Topic 4: Exemption for Limited Offers and Sales Without Regard to Dollar Amount of Offering/ Advertising by an Investment Company as Satisfying Requirements of Section 10
  • Topic 5: Types of mutual funds: equity, fixed-income, money market, interval/ Essential facts regarding customers and customer relationships
  • Topic 6: Civil Liabilities Arising in Connection with Prospectuses and Communications/ Requirements for the Use of Bond Mutual Fund Volatility Ratings
  • Topic 7: Circumstances for refusing or restricting activity in an account or closing accounts/ Determination of net long-term and short-term gains or losses
  • Topic 8: Insignificant Deviations from a Term, Condition or Requirement of Regulation D/ Materials Not Deemed an Offer To Sell or Offer To Buy Nor a Prospectus
  • Topic 9: Reasonable-basis, customer-specific and quantitative care obligations/ Financial factors relevant to assessing a customer’s investment profile
  • Topic 10: Customer-specific factors that generally affect the selection of products/ Communications with the Public About Variable Life Insurance and Variable Annuities
Disscuss Finra Series-6 Topics, Questions or Ask Anything Related
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Galen

2 days ago
Happy to share that I passed the Finra exam, thanks to Pass4Success practice questions. There was a challenging question about providing customers with information about investments. It asked about the main considerations when making recommendations, and I found it tricky. Despite that, I passed!
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Dick

26 days ago
Grateful for Pass4Success's exam prep. Passed FINRA with flying colors!
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King

1 months ago
I passed the Finra exam, and the Pass4Success practice questions were invaluable. One question that puzzled me was about opening accounts after evaluating a customer's financial profile. It asked for specific details about the required documentation, and I wasn't completely confident. Still, I passed!
upvoted 0 times
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Leonard

2 months ago
Pass4Success helped me ace the FINRA exam in record time. Highly recommend!
upvoted 0 times
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Lewis

2 months ago
You're welcome! Good luck on your exam. Remember, understanding the order of operations for mutual fund transactions is also important.
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James

2 months ago
Excited to announce that I passed the Finra exam, with a lot of help from Pass4Success practice questions. There was a difficult question about seeking business for the broker-dealer. It asked about the best strategies to attract new customers, and I was a bit unsure. Nevertheless, I passed!
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Pearlie

2 months ago
I'll make sure to review that too. Thanks again!
upvoted 0 times
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Alfred

2 months ago
I successfully passed the Finra exam, and the practice questions from Pass4Success were a big help. One question that caught me off guard was about the process of confirming transactions. It asked for the exact steps to follow, and I wasn't entirely sure. But I still managed to pass!
upvoted 0 times
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Tom

3 months ago
Phew! FINRA exam done and dusted. Couldn't have done it without Pass4Success's targeted questions.
upvoted 0 times
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Pamella

3 months ago
Passing the Finra exam was a great achievement, and Pass4Success practice questions played a big role. There was a question about providing customers with information about investments. It asked about the key factors to consider when making recommendations, and I found it quite tricky. Despite my uncertainty, I passed!
upvoted 0 times
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Adolph

3 months ago
You're welcome! Good luck on your exam. Remember, understanding the order of operations for mutual fund transactions is also important.
upvoted 0 times
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Johanna

3 months ago
I am thrilled to share that I passed the Finra exam, thanks to Pass4Success practice questions. One challenging question was about opening accounts after evaluating a customer's financial profile. It required knowledge of the specific documents needed, and I wasn't completely confident in my response. Still, I passed!
upvoted 0 times
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Eden

4 months ago
Tough exam, but I made it through. Thanks Pass4Success for the quick prep materials!
upvoted 0 times
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Buck

4 months ago
I'll make sure to review that too. Thanks again!
upvoted 0 times
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Miesha

4 months ago
Just passed the Finra exam, and I couldn't have done it without the practice questions from Pass4Success. There was a tricky question about seeking business for the broker-dealer from potential customers. It asked about the most effective methods to approach new clients, and I was a bit unsure of the best answer. Nevertheless, I got through it!
upvoted 0 times
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Tijuana

4 months ago
Thanks to Pass4Success for their relevant exam questions! Their materials really helped me prepare efficiently and pass the FINRA Investment Company exam.
upvoted 0 times
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Talia

4 months ago
I recently passed the Finra Investment Company and Variable Contracts Products Representative exam, and I have to say, the Pass4Success practice questions were incredibly helpful. One question that stumped me was about the process of verifying a customer's purchase and sales instructions. It asked about the specific steps involved in confirming a transaction, and I wasn't entirely sure of the order. Despite that, I managed to pass the exam!
upvoted 0 times
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Lonny

5 months ago
Just passed the FINRA exam! Pass4Success was a lifesaver with their relevant practice questions.
upvoted 0 times
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Alesia

5 months ago
Passing the Finra Investment Company and Variable Contracts Products Representative exam was a great accomplishment for me. Thanks to Pass4Success practice questions, I was well-prepared for the exam. One of the topics that I encountered during the exam was the consideration of promotion of efficiency, competition, and capital formation. There was a question related to this topic that asked about the impact of reinvesting dividend income and capital gains distributions. It was a challenging question, but I was able to answer it correctly and pass the exam.
upvoted 0 times
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Jolene

6 months ago
My experience taking the Finra Investment Company and Variable Contracts Products Representative exam was challenging but rewarding. With the assistance of Pass4Success practice questions, I was able to successfully pass the exam. One topic that was covered in the exam was the employment of manipulative and deceptive devices by brokers or dealers. I remember a question that asked about the requirements for seminars, lectures, and other group forums. It was a tricky question, but I was able to navigate through it and pass the exam.
upvoted 0 times
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Kiley

7 months ago
Just passed the Series 6! Watch out for questions on mutual fund share classes and breakpoints. Know the differences between A, B, and C shares, and how to calculate breakpoint discounts. Pass4Success's practice questions were spot-on and helped me prepare quickly. Thanks!
upvoted 0 times
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Davida

7 months ago
I recently passed the Finra Investment Company and Variable Contracts Products Representative exam with the help of Pass4Success practice questions. The exam covered topics such as consideration of promotion of efficiency, competition, and capital formation. One question that stood out to me was related to the reinvestment of dividend income and capital gains distributions. I wasn't completely sure of the answer, but I managed to pass the exam.
upvoted 0 times
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Free Finra Series-6 Exam Actual Questions

Note: Premium Questions for Series-6 were last updated On Jan. 28, 2025 (see below)

Question #1

Upon receiving a complaint about one of its member firms, FINRA may:

i. require any person associated with the member firm to provide information to FINRA and to testify under oath.

ii. inspect and copy the books, records and accounts of the member firm.

iii. share information obtained from its investigation of a member firm with a foreign regulatory agency.

Reveal Solution Hide Solution
Correct Answer: D

Upon receiving a complaint about one of its member firms, FINRA may require any person associated with the member firm to provide information and to testify under oath; it may inspect and copy the books, records, and accounts of the member firm; and it may share information obtained from its investigation of a member firm with a foreign regulatory agency. The foreign regulator must agree to treat the information confidentiality, and the agreement with the foreign regulator is predicated on two requirements: ''(A) the other regulator party to the agreement must have jurisdiction over common regulatory matters; and (B) the agreement must require the other regulator to reciprocate and share with FINRA information of regulatory interest or concern to FINRA.''


Question #2

Anna Vestor placed an order to sell 100 shares of Microsoft through the on-line site of her broker, GetErDone Broker-Dealers. GetErDone sold her shares for $24.59 a share and charged her a commission of $8.95. Among other things, the trade confirmation that Anna receives must stipulate:

i. the time and date of the transaction.

ii. that GetErDone served as a principal in the transaction.

iii. the number of shares sold and the price at which they were sold.

IV. the exchange or ECN on which the transaction was executed.

Reveal Solution Hide Solution
Correct Answer: A

Among other things, the trade confirmation that Anna receives must stipulate the items described in Selections I and III only. The trade confirmation that Anna receives from GetErDone must stipulate the time and date of the transaction, the number of shares sold, and the price at which they were sold. The exchange or ECN on which the transaction was executed is not provided on the confirmation statement. Whether GetErDone acted as a principal or a broker in the transaction does need to be stipulated, but in this instance GetErDone acted as a broker, not a principal. GetErDone did not itself buy the shares from Anna.


Question #3

Upon receiving a complaint about one of its member firms, FINRA may:

i. require any person associated with the member firm to provide information to FINRA and to testify under oath.

ii. inspect and copy the books, records and accounts of the member firm.

iii. share information obtained from its investigation of a member firm with a foreign regulatory agency.

Reveal Solution Hide Solution
Correct Answer: D

Upon receiving a complaint about one of its member firms, FINRA may require any person associated with the member firm to provide information and to testify under oath; it may inspect and copy the books, records, and accounts of the member firm; and it may share information obtained from its investigation of a member firm with a foreign regulatory agency. The foreign regulator must agree to treat the information confidentiality, and the agreement with the foreign regulator is predicated on two requirements: ''(A) the other regulator party to the agreement must have jurisdiction over common regulatory matters; and (B) the agreement must require the other regulator to reciprocate and share with FINRA information of regulatory interest or concern to FINRA.''


Question #4

Which of the following share classes do not have front-end loads?

Reveal Solution Hide Solution
Correct Answer: D

Neither Class B nor Class C shares have front-end loads. Class B and Class C shares typically have higher 12b -1 fees, however, with Class C having the highest 12b-1 fees of the three classes.


Question #5

Anna Vestor placed an order to sell 100 shares of Microsoft through the on-line site of her broker, GetErDone Broker-Dealers. GetErDone sold her shares for $24.59 a share and charged her a commission of $8.95. Among other things, the trade confirmation that Anna receives must stipulate:

i. the time and date of the transaction.

ii. that GetErDone served as a principal in the transaction.

iii. the number of shares sold and the price at which they were sold.

IV. the exchange or ECN on which the transaction was executed.

Reveal Solution Hide Solution
Correct Answer: A

Among other things, the trade confirmation that Anna receives must stipulate the items described in Selections I and III only. The trade confirmation that Anna receives from GetErDone must stipulate the time and date of the transaction, the number of shares sold, and the price at which they were sold. The exchange or ECN on which the transaction was executed is not provided on the confirmation statement. Whether GetErDone acted as a principal or a broker in the transaction does need to be stipulated, but in this instance GetErDone acted as a broker, not a principal. GetErDone did not itself buy the shares from Anna.


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