STC SERIES 66 EXAM 03B EXAM WITH
CORRECT QUESTIONS AND ANSWERS
2025
An offer to sell a security was directed by an agent in Nebraska to a client who lives in Kansas,
but who is visiting a relative in Oklahoma. The customer accepts the offer and agrees to make
payment upon their return to Kansas. Under the Uniform Securities Act, which Administrator(s)
have jurisdiction over the transaction? - CORRECT-ANSWERSNebraska & Oklahoma
Which of the following actions may be taken by the Administrator? - CORRECT-ANSWERS-Limit
or restrict the function or activities of the registrant
-Administer an oath
-Cancel registration if the registrant cannot be located after a reasonable search
A married couple would like to invest and begin saving for their retirement. Which of the
following instruments would be the most suitable investment recommendation? - CORRECT-
ANSWERSIRA
, A married couple would like to invest and begin saving for their 8 year old sons college
education. Which of the following options would be the most suitable investment
recommendation? - CORRECT-ANSWERS529 Plan
Any person who willfully violates SEC rules and regulations is subject to a fine and
imprisonment of up to: - CORRECT-ANSWERS$10,000 and 5 years
For a qualified dividend, what's the minimum and maximum tax rate? - CORRECT-ANSWERSThe
minimum rate is 0% and the maximum rate is 20%
When a person acquires ownership of more than 5% of a voting class of a company's equity
securities registered under the Securities Act of 1934, he is required to file a: - CORRECT-
ANSWERSSchedule 13D
All of the following individuals do not have unlimited liability, EXCEPT: - CORRECT-ANSWERSA
sole proprietor
Net short-term capital gains are taxed at: - CORRECT-ANSWERSThe ordinary income rate
CORRECT QUESTIONS AND ANSWERS
2025
An offer to sell a security was directed by an agent in Nebraska to a client who lives in Kansas,
but who is visiting a relative in Oklahoma. The customer accepts the offer and agrees to make
payment upon their return to Kansas. Under the Uniform Securities Act, which Administrator(s)
have jurisdiction over the transaction? - CORRECT-ANSWERSNebraska & Oklahoma
Which of the following actions may be taken by the Administrator? - CORRECT-ANSWERS-Limit
or restrict the function or activities of the registrant
-Administer an oath
-Cancel registration if the registrant cannot be located after a reasonable search
A married couple would like to invest and begin saving for their retirement. Which of the
following instruments would be the most suitable investment recommendation? - CORRECT-
ANSWERSIRA
, A married couple would like to invest and begin saving for their 8 year old sons college
education. Which of the following options would be the most suitable investment
recommendation? - CORRECT-ANSWERS529 Plan
Any person who willfully violates SEC rules and regulations is subject to a fine and
imprisonment of up to: - CORRECT-ANSWERS$10,000 and 5 years
For a qualified dividend, what's the minimum and maximum tax rate? - CORRECT-ANSWERSThe
minimum rate is 0% and the maximum rate is 20%
When a person acquires ownership of more than 5% of a voting class of a company's equity
securities registered under the Securities Act of 1934, he is required to file a: - CORRECT-
ANSWERSSchedule 13D
All of the following individuals do not have unlimited liability, EXCEPT: - CORRECT-ANSWERSA
sole proprietor
Net short-term capital gains are taxed at: - CORRECT-ANSWERSThe ordinary income rate
