Securities Exam Blog

In this article we are going to review the types of activities that may be performed by non-registered individuals who are subject to the fingerprint requirements of FINRA. While these individuals are not required to become licensed to perform the permitted activities, their roles often provide access to sensitive information and documents. A non-registered fingerprint... "Understanding the Role of Non-Registered Fingerprint (NRF) Individuals"

In this article and accompanying video we will review everything you need to know about how option exercise and assignments work for the SIE & Series 7 Exam We will start off with a vital fact about counterparty risk. Counterparty risk occurs when the seller of the option cannot meet their obligations under the terms... "Option Exercise & Assignment"

Test takers often feel overwhelmed when preparing to take exams. Being required to pass two or more exams may seem even more challenging. Getting Started with the SIE & Series 7 exam.  In this video and article we will provide you with the essential first steps to begin your preparation. Both exams require serious commitment... "SIE & Series 7 Exam – Getting Started"

If you’re gearing up for the Series 79 exam, expect clean, number-driven questions that test whether you can compute—and correctly interpret—P/E and PEG. Here’s exactly how they show up and how to nail them fast. Step 1 — Calculate the P/E Ratio Let’s look at an example of SIA. SIA is trading at $50 per... "How the PE & PEG Ratios Are Tested on the Series 79 Exam"

A Side-by-Side Walkthrough for the Series 79 Exam “Your unlevered cash flow is always going to be greater than your levered cash flow.”Now let’s take a look at a side-by-side comparison of these 2 elements. This exact logic shows up often in investment banking modeling—and yes, Series 79 exam prep candidates should be comfortable with... "Unlevered vs. Levered Cash Flow"

One of the calculations you will need to know for your series 79 exam is how an acquisition impacts the enterprise value of the acquiring company. Let’s take a look at how an acquisition can impact the enterprise value of the acquiring company. The way the deal is paid for—whether in cash, debt, equity, or... "How an Acquisition Impacts Enterprise Value"

Here we explain how the use of futures contracts lower the cost of capital to farmers and as a result lowers prices in the marketplace. Let’s take the scenario of a farmer who needs to obtain capital to cover operating expenses.  And he goes down to his local banker and perhaps his banker is named... "How Farmers Cut Costs and Reduce Risk"

One of the most important concepts you’ll encounter on the Series 3 exam is the distinction between hedgers and speculators in the futures markets. If you’re struggling to fully grasp the difference, a simple real-world example might help bring it to life.  Hedging Explained Through Auto Insurance Imagine you go to a car dealership and... "Understanding Hedgers and Speculators for the Series 3 Exam: A Real-World Analogy"

In this article we are going to review the differences between the Series 22 Exam and the Series 82 Exam. We will cover the business activities allowed for each type of limited representative.  Many agents who wish to focus on a specific niche in the securities industry opt to take specialized top off exams. These... "Should I take the Series 22 or Series 82 Exam ?"