Series 54: 1.1.1. Indirect Enforcement Through Underwriters

Taken from our Series 54 Online Guide

1.1.1. Indirect Enforcement Through Underwriters

Because of concern that the above would infringe on states’ rights, the Tower Amendment was included in the Securities Acts Amendments to ensure that the MSRB and the SEC would not have the authority to require municipal issuers to file their securities with federal regulators.

In order to get around this rule and impose some indirect regulation on issuers, Rule 15c2-12 was adopted by the SEC in 1989. This rule prevents municipal securities dealers from selling municip

+ Read More

More Series 54 Info

What are people saying?

Create an Account

Since you're reading about Series 54: 1.1.1. Indirect Enforcement Through Underwriters, you might also be interested in:

Series 79 - A1.6.4. Bond Ratings

Series 65 - 10.6.1. Requirements for State-Registered Investment Advisers

Series 65 - 1.4.1.4. Footnotes to the Financial Statements

Series 50 - Rate Consultant

Series 65 - Exercise

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 that bad boy (Series 79) weeks ago with an 86, kicked its ass. I hate leaving that much room, means I wasted time. Thanks for everything.

Jeff S., Upper Nyack, NY

Passed the Series 6 exam! The study material and practice exams are the best. If you're an Allstate agent needing the SIE & the Series 6, Solomon is the way to go!

Christopher McHugh, McHugh Insurance Group, Inc., Boca Raton, FL

I just passed the FINRA Series 79 exam!! I only used Solomon Exam Prep. I recognized the material that came up during the exam and felt comfortable all the way through!! That you all for your help!!

Walter Whitehead FNEX Capital. Los Angeles, CA

I just passed the Series 63 after failed in the first attempt as of January. I had studied with another vendor and after some research, I decided to buy Solomon material. I felt very comfortable with the material since English is my second language. And due to the type of the exam, this was very important. It took me time to make the decision for the 2nd attempt but Karen was important to support and she convinced me. I felt very comfortable till question number 20, after that a bit stressful but be sure that you will know the subjects. Thanks Solomon!!!

Ariel Barroso, MCM. Miami, FL

Solomon Exam Prep materials are head and shoulders above any other company's products. I have purchased several other companies' materials and found that when it came time to take the crucial step of practice exams, every other company's answer explanations simply were too brief to be truly educational, or worse, sometimes contradictory to the text. That is when I turned to Solomon Exam Prep. After purchasing their materials, an actual team member emailed me almost every other day to ask how I was doing with my studying and offered assistance if I had questions. With this kind of support, you aren't trying to climb the mountain of becoming licensed alone! Finally, the owner also contacted me several times to thank me for my purchase and to check on my progress. There is no other company out there doing business in this exemplary way. Please be kind to yourself and START with Solomon Exam Prep materials for the BEST of success!

Rebecca Spadafore - Financial Advisor, LPL Financial. Meadville/Erie Area, PA SIE, Series 7, Series 66