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 previous 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 municipal securities unless the issuers h

+ 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 66 - Mortgage-Backed Securities

Series 65 - 1.4.5.1.3. Serial Payments

Series 24 - Firm Quote Rule

Series 24 - Introduction

Series 26 - Legislative Background

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

Taking the 63 felt like a breeze, thanks to your exam prep materials. I didn't have to flag any questions for review, and was confident throughout that I'd get to see the screen say "Pass" when it was over.
Now 3-for-3 using Solomon to help me pass a licensing exam on the first attempt. The materials are easy to digest and comprehensive, and having the ability to take high-quality practice tests prepared me well for the real exams. Very grateful to my employer for using this content, and to the team at Solomon for making it so complete and easy to use.

Andrew Nerys, Square Inc. San Francisco, CA

I just passed the series 24! It is, by far, the hardest test that I have ever taken. I had failed it 4 times using other study materials. I have never felt more defeated! Solomon Exam Prep is the best! I took over 154 practice tests...without seeing the same question twice. I was able to finally grasp the material and passed! My only regret is that I did not use the Solomon Exam Prep on my first attempt!

Bill Harpe, Capital Choice. Greensboro, GA

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 passed my SIE. I was using Kaplan and it was not working out as well. I did study the book, did the simulated exams about 15 times and quizzes at least 5 times each before taking the exam. The testimonials here helped me follow a strategy and I stayed focused on passing. Solomon exam prep material really prepares you for the exam, I passed on Aug 21 2021 after using other competitive materials to no success. Thank you Solomon Exam Prep.

Omo Vanwie, Morgan Stanley. Columbus, OH

I passed the Series 6 (on my first attempt) with help from Solomon Exam Prep. The audio study book and online exams were the most beneficial tools for me, and would highly recommend Solomon to all of my Allstate colleagues.

Shy Singleton, Allstate, Jacksonville, Florida