Series 54: Bank Exemption

Taken from our Series 54 Online Guide

Bank Exemption

Banks are exempt from the definition of municipal advisor to the extent that they provide advice only with respect to the following:

•Investments that are held in a deposit account, savings account, CD, or other deposit instrument issued by a bank

•Extensions of credit by a bank to a municipal entity, including the issuance of a letter of credit, the making of a direct loan, or the purchase of a municipal security by t

+ Read More

More Series 54 Info

What are people saying?

Create an Account

Since you're reading about Series 54: Bank Exemption, you might also be interested in:

Series 6 - 7.3. General Investment Goals

Series 53 - 529 College Savings Plans

Series 27 - Legal Reporting Requirements

Series 27 - Joint Back Office Arrangements

Series 7 - 9.4.2.1 Basic Charts and Patterns

Series 26 - Borrowing by Brokers: An Illustration

Series 65 - Appendix B

SIE - Exercise

Series 53 - 6.3.1.3. Securities Records

Series 14 - 9.1.3.2. Filing Requirements and Review Procedures

Series 24 - 5.6.4.3.1. Extended Hours Trading Disclosure

Series 66 - Incorporation by Reference

Series 99 - 1.2.3.5.1.4 Holding Checks for Extended Periods

Series 65 - 2.1.1.5 Right of Limited Liability

Series 6 - 7.5.1.2. Disclosure to Customers of Conflicts of Interest

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

The Solomon material was invaluable in helping me pass this exam. The organization of the content, the tests, the video and lecture material, were all exactly on point. Thank you! (Series 54)

Mark Melio, Melio & Company, LLC. Northfield, IL

Passed my Series 65 on the first try! Solomon really has everything you need to pass. I followed the recommended schedule and took a ton of practice tests. This gave me a ton of confidence and it paid off!

Andrea Rivera, ForUsAll. Salt Lake City, UT

Passed the SIE on the first try. Solomon Exam Prep is definitely the way to go. Just follow your study guide. The practice exams are where Solomon truly shines. I will certainly be using Solomon for the Series 7.

Brandon Collins, Benchmark. Memphis, TN

Thank you so much for your great study materials! I have used you to pass my Series 6, 63 and most recently my Series 7 all on the first try. The practice exams and video lectures were great and extremely helpful. Will definitely be using your study material for any future exams and will recommend you to other people

Louis Orsatti, NY LIFE Securities, Boston, MA

I took the test yesterday and passed! I think I started your program on Monday. I have 15 years of banking experience but needed to retake exams as they lapsed between out of industry jobs. Despite the experience, all of the specifics around the number days you have pre and post certain events for a filing etc. needed to be refreshed.

The unlimited question data bank was exactly what I was looking for and the searchable online guide was a bonus. As I was preparing, the online module allowed me to both understand why a particular answer was incorrect and then quickly cross reference the course material to ensure I understood other nuances as well around the subject matter.

I have made a recommendation to our compliance team to use Solomon and will to others as well.

Neil Kahrim Hernshed Partners New York, NY

I began the process of studying for the Series 65 in October of 2013. I studied with two other exam prep companies. The result, a 70% each time.

Then, I bought Solomon’s Exam Prep 65. As I did with the other two, I went step by step, and when it said I was ready I sat for the exam! Boom! 80%, passing all four sections at once! So if you’re surfing the internet right now wondering who to go with….STOP….Solomon’s is the right choice for today’s professional to get the licensing you need done the first time, not the third!

Shad Johnson, The Mueller Companies, Canon City, CO