10 free Series 24 practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
Series 24 Practice Test 8Tutor mode
Question 1 of 10
Supervision of General Broker-Dealer Activities
A representative at Kestrel Bay Securities keeps the gift log below for one recipient, the head trader at an institutional client. The firm aggregates gifts on a calendar-year basis. Under FINRA's current annual gift limit, how much more may the representative give this recipient this year?
Gift and entertainment log — recipient: client head trader (current calendar year)
Date
Item
Value
Jan 14
Hardcover book on market history
$45
Apr 9
Two baseball tickets (face $40 each), bought from a reseller; representative did not attend