Securities Exam Blog

Can I just take the practice questions and pass the exam? NO! it is amazing how many times we hear people asking this question. Even worse, is how many times we hear that someone has failed the exam because all they did was take practice questions or maybe just “skimmed” through the book. Just taking... "The Number One Reason People Fail Securities Exams"

How to prepare for the exam using the series 7 textbook Sitting down to prepare for the Series 7 Exam can seem like a daunting task when students open up a 600-page textbook.  Many test-takers don’t know how to schedule their time nor how to begin to read through the text. Here we provide some... "How to prepare for the exam using the series 7 textbook"

The series 99 exam can be challenging for many operations professionals. Here are 20 terms and concepts you must know to pass the series 99 exam. Order Tickets Prior to executing a customer’s order the representative must fill out the appropriate order ticket and present it to the trading department or wire room for execution.... "The top 20 series 99 exam terms"

In this article we’re going to review US Treasury securities,  agency securities and collateralized mortgage obligations or CMOs.  The United States government is one of the largest issuers of debt in the world. Treasury securities are issued in a variety of forms, and  with a variety of maturities. We will start our review with the... "Government securities FINRA test prep"

In this article we are going to  examine the recommendation process and review how recommendations are made to customers.  We will also analyze whether or not recommendations are suitable for the customers based on their particular situation. All recommendations must be suitable. The registered representative, when evaluating a customer’s financial status, investment objective, and other... "FINRA Exam Suitability"

 In this article we’re going to take a look at debt securities. We are going to review how and why someone would purchase a bond. A bond, when purchased by an investor, represents a loan to the issuer in exchange for a stated interest rate. The investor’s relationship with the issuer is as that of... "FINRA Test Prep – Debt Securities"

In this article we are going to examine some of the requirements of Regulation Best Interest also known as Regulation BI or Reg BI.  Regulation Best Interest  Regulation Best Interest (Reg BI) was adopted by the SEC in June of 2019 as an amendment to The Securities Exchange Act of 1934. All broker dealers, investment... "What is Regulation Best Interest?"

Determining if you are required to take the series 99 exam can depend on many factors.  In some cases it is very straightforward, and in other cases the question may be more complex. If your firm tells you that you must pass the series 99 exam, regardless of whether or not FINRA would require you... "Do I need to take the series 99 exam?"

In this article we are going to examine some of the complex issues that can arise when registered representatives use social media for business purposes. In addition to the requirements for registered Representatives who use social media we will look at  some of the compliance responsibilities for the employing broker-dealer. The use of social media... "FINRA Test Prep – Supervision of Social Media"