If you’re already working as a Municipal Securities Representative (Series 52), then you may be considering taking the Series 53 exam as a next step. Passing the MSRB Series 53, or Municipal Securities Principal Qualification Exam, qualifies you to oversee the municipal fund securities activities of a securities firm or bank dealer. You’re also qualified to supervise others working in several capacities related to municipal securities.
The Series 53 exam is 100 questions long and tests your knowledge of six main topics:
- Federal regulations
- General supervision
- Sales supervision
- Origination and syndication
- Trading
- Operations
Given this broad scope, you shouldn’t take the Series 53 exam lightly. How can you prepare for exam day?
Solomon Exam Prep has just released the 4th edition of “The Solomon Exam Prep Guide: Series 53 MSRB Municipal Securities Principal Qualification Examination.” With this updated version of the Study Guide, professionals seeking their Series 53 license can learn the content they need to know to pass the Series 53 exam. Solomon Study Guides are continuously kept up-to-date and cover all key exam topics.
What changes with this new edition?
While the core content of the study guide remains the same, some key changes include:
- More detailed coverage of the MSRB’s advertising rules
- Expansion and update of the process for close-outs
- Revised coverage of 529 plans
- Greater detail about how to handle customer complaints
- Expansion of the taping rule section
- Additions to the free-to-trade wires section
- Expansion and update of material on limitations on gifts, gratuities, and non-cash compensation
- A new appendix summarizing the most important and relevant MSRB rules
Content updates for these new editions are also reflected in the Solomon Exam Simulator. The online Exam Simulator complements the Study Guide with over a thousand practice questions for the Series 53. Hone, track, and assess your knowledge by taking unlimited chapter quizzes and full exams to practice what you’ve learned.
Series 53 Study Materials
The Series 53 Study Guide is available as a digital subscription with a hardcopy upgrade option. It can be purchased individually or in a package with accompanying Series 53 study products. Customers also have access to free tools and resources, including a study schedule in digital and pdf formats, which helps students master the exam material with maximum efficiency.
To learn more about Solomon Exam Prep’s Series 53 study materials, including Study Guide and Exam Simulator, visit the Solomon Series 53 product page.
Also coming soon is the Solomon Series 53 Audiobook! The Audiobook is a word-for-word recording of the Solomon Series 53 Study Guide, giving you greater flexibility in where and how you study for the Series 53 exam.
