Financial Industry Regulatory Authority (FINRA) Practice Exam 2025 - Free FINRA Practice Questions and Study Guide

The activity that an associated person who is not a registered representative can engage in is providing account opening forms to a new customer. This task falls within the administrative duties that do not require a securities license or registration.

An associated person can perform clerical or administrative tasks as long as they do not involve making recommendations, executing trades, or providing specific investment advice, which typically requires appropriate licensing. When providing account opening forms, the person is simply facilitating the process without offering any advice or guidance on investment decisions.

This context helps clarify why the other options are not permissible for someone in this role. Accepting an unsolicited customer order could imply executing a trade, which requires registration. Discussing the attributes of a particular investment product could be interpreted as providing investment advice or recommendations, also necessitating the person to be a registered representative. Prequalifying prospective customers regarding investment objectives often involves assessing their risk tolerance and suitability for investments, which also typically requires a registered representative's input.