A wealth investor gives Bubba discretion to invest $50,000 for him in any way Bubba...

Vendor: FINRA
Product: Series-7
Update on: Jul 25, 2025
Questions: 400

FINRA Series-7 Question Answer

A wealth investor gives Bubba discretion to invest $50,000 for him in any way Bubba sees fit. Therefore, Bubba must:

a registered representative with the SEC under the Investment Advisors Act of 1940

conform to the prudent man requirements in that state

furnish written documents of authority to the brokerage firm executing the orders

be registered with the NYSE and FINRA as a representative

FINRA Series-7 Summary

Price: $52.5 ~~$149.99~~