Question

Series 6 holders cannot sell_____ and _____.

A. Stocks and bonds.
B. Individual company securities and options.
C. Corporate and municipal securities.
D. Equity and fixed-income securities.

Answer 1

Series 6 license holders are limited to selling mutual funds, variable annuities, and insurance premiums, but are not permitted to sell individual company securities or options.

Step-by-step explanation:

Series 6 holders cannot sell individual company securities, such as stocks or bonds, and options. A Series 6 license allows individuals to sell mutual funds, variable annuities, and insurance premiums. It does not enable the license holder to sell individual company securities or options, which usually requires a Series 7 license. Thus, options and individual company securities like stocks and bonds of a specific company are beyond the scope of Series 6.