Series 65: Right To A Residual Claim During Liquidation

Taken from our Series 65 Online Guide

Right to a Residual Claim During Liquidation

If a company is forced to liquidate due to bankruptcy, common stockholders have a residual claim to corporate earnings after all debt obligations have been satisfied. This means that common stockholders are at the bottom of the list of claims on the corporation. They are paid only after bondholders and preferred stockholders have been paid.

+ Read More

More Series 65 Info

What are people saying?

Create an Account

Since you're reading about Series 65: Right To A Residual Claim During Liquidation, you might also be interested in:

Series 66 - Balance Sheet

Series 65 - Exercise

Series 66 - 7.9.4 Post-Registration Requirements

Series 24 - 4.1.7. Underwriting Compensation

Series 26 - Investment Company Rankings

Series 7 - 5.7 Taxation of Options

Series 54 - Municipal Advisors Must be Qualified

Series 63 - 4.4.1.2.2. Margin Accounts

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I am delighted to be able to tell you that I passed my Series 65 exam on my first attempt earlier today. Although I am an experienced adviser my work has previously all been in the UK and servicing UK Expats so have had no previous experience in the US or its regulatory framework. My only resource was the Solomon Exam Prep module for Series 65. It had everything I needed including prompt (super quick) responses to queries from real people. Even on a Sunday which I find incredible. A big thank you to you and the whole staff; I have recommended you to a number of people and will continue to do so; worth every penny.

Jonathan Brookes, Hoxton Capital, Austin TX

I passed my Series 65 today with an 80, first effort! Not only was the material well laid out, but if it's possible, the Solomon prep made the material palatable and understandable. Amazing!!! I have used Kaplan in the past as well as STC, which are both very good, but I chose Solomon because it had audio downloads. With an hour commute, I was able to study during that otherwise wasted time.

Additionally, the "Ask the Professor" and live chat features were excellent!! Questions were answered virtually immediately by personal email from author/owner Jeremy Solomon and he actually called me to help me and cheer me on! I didn't think this kind of customer service and general human kindness existed anymore. He even asked me to let him know personally my results which, thanks to this program, I am on the other side of this very difficult exam.

Thank you Solomon Exam Prep!!!!!

Carol Gallagher, TIAA, Syracuse, New York

I have been extremely happy with your book series. I was able to pass the Series 66 and Series 65 with flying colors on the first try! Thanks again.

Christian Brown, Financial Decisions Group

I wanted to thank you for your help several weeks ago. The practice questions were very helpful. I passed the exam (Series 65) on the first try with a solid score.

Alan Heacock, LPL Financial, Bedford, NH

I did so many practice exams with Solomon and never saw one question twice. The quality of study material is thorough, with a touch of humor, and gives it to you in many formats (visual both on the computer or in book format if you wish), as well as audio that you can listen to in the car, as well as the benefit of videos of actual lectures from professors. I felt as though getting the information in all those formats allowed me to really grasp the information using different senses and facilitated the learning process even further.

Stacey Sperry, Durham, NC

The Exam Prep online exams solidified the material in my mind and allowed me to use the timer to think quickly. Although the Series 65 exam is not a race, time is a key factor. I finished the test in about and hour and 10 minutes and then spent 20 minutes going back to review the questions I marked, a couple of which I had to use logic to guess what the terms meant (always dangerous to use logic when it comes to this stuff). After completing I pressed the button to submit it for grading and the whole while my heart was pounding as I thought for sure I failed due to the length of time it took to grade (I am certain the computer was laughing at my getting so many ridiculous questions on one test). Lo and behold when the screen returned I got an 82 and I don't think that I could have done it with out your book and your online tests to hammer the info in to my head. At 45 years of age having been removed from college for to many years it was quite an arduous task especially with out a class and about 2 months to prepare part time on my own. So in a long winded way thanks I am sure I could not have passed the Series 65 without your help.

Roger Vertes, Boston, MA