Solomon Exam Prep Updates Cookie Policy

Cookies are small pieces of dough that have been baked in an oven and then cooled and served as a desert or snack. Continue reading

Cookies are small pieces of dough that have been baked in an oven and then cooled and served as a desert or snack.

Solomon Exam Prep believes that cookies can be a positive part of any day, particularly as a reward when studying for a securities licensing exam like the Series 7 or the Series 65.

Solomon Exam Prep is committed to protecting the privacy of its cookie-eating customers and does not track or monitor its customers’ consumption or use of cookies.

Solomon Exam Prep does not judge the relative merits of which cookies are better, although, Jeremy Solomon, president of Solomon Exam Prep says that he prefers home-made cookies over store-bought.

Solomon Exam Prep may share cookies with others, usually family, friends and co-workers, but depending on the situation, sometimes with strangers. Such shared cookies are always freely given, there is no expectation by Solomon Exam Prep that the recipient will reciprocate or owe Solomon Exam Prep anything. Of course, a “thank you” is always appreciated.

Solomon Exam Prep has helped thousands of cookie- and non-cookie-eating customers pass securities licensing exams including the Series 3, 6, 7, 24, 26, 27, 28, 50, 51, 52, 53, 62, 63, 65, 66, 79, 82, 99 and SIE exams.

The Series 54 Exam Is Coming …

The Municipal Securities Rulemaking Board (MSRB) has received approval from the Securities and Exchange Commission (SEC) to amend MSRB Rule G-3, on professional qualification requirements, to establish a qualification exam for municipal advisor professionals who act in a principal capacity at their firms. Continue reading

The Municipal Securities Rulemaking Board (MSRB) has received approval from the Securities and Exchange Commission (SEC) to amend MSRB Rule G-3, on professional qualification requirements, to establish a qualification exam for municipal advisor professionals who act in a principal capacity at their firms. The MSRB says it will “pilot” the Municipal Advisor Principal Qualification Examination (Series 54) from February 2019 through June 2019. Any municipal advisor principal may take the pilot Series 54 examination during the pilot period and if that individual achieves a passing score or better, the individual will be considered qualified as a municipal advisor principal when the MSRB permanently establishes the Series 54 in the fall of 2019. Go to SolomonExamPrep.Com to be notified when Solomon Exam Prep’s Series 54 Exam Study materials are launched.

December Study Question of the Month

Submit your answer to info@solomonexamprep.com to be entered to win a $10 Starbucks gift card. Continue reading

Submit your answer to info@solomonexamprep.com to be entered to win a $10 Starbucks gift card.

Question

Relevant to the SIE.

 

 

 

 

 

Henry buys shares of ABC in an initial public offering.  Two months later he sells the shares to James.  Two months later James sells the shares to Carrie. Which of the following is true?
 
A. Henry’s sale to James is a primary market transaction, while James’s sale to Carrie is a secondary market transaction
B. Both Henry’s sale to James and James’s sale to Carrie are primary market transactions
C. Henry’s sale to James is a primary market transaction, while James’s sale to Carrie is a follow-on offering

D. Both Henry’s sale to James and James’s sale to Carrie are secondary market transactions

Height of Federal Reserve Chairperson an Economic Indicator?

Anyone studying for the FINRA Securities Industry Essentials (SIE) exam or the Series 65 Investment Adviser exam must learn about economic indicators such as interest rates (leading), inflation (lagging) and GDP (coincident). Continue reading

Anyone studying for the FINRA Securities Industry Essentials (SIE) exam or the Series 65 Investment Adviser exam must learn about economic indicators such as interest rates (leading), inflation (lagging) and GDP (coincident). Observers have noted that interest rates under tall Federal Reserve chairpersons, such as Paul Volcker (6’7”), have been higher than under short chairpersons, such as Janet Yellen (5’3”). According to the Washington Post, Yellen lost her job to the taller Jerome Powell because President Trump did not think the diminutive Yellen was tall enough for the job. Solomon Exam Prep has helped thousands of people of all heights pass securities licensing exams including the Series 3, 6, 7, 24, 26, 27, 28, 50, 51, 52, 53, 63, 65, 66, 79, 82, 99 and SIE exams. finra , securities, SIEexam, Series65,Series7, interestrates

November Study Question of the Month

Submit your answer to info@solomonexamprep.com to be entered to win a $10 Starbucks gift card. Continue reading

Submit your answer to info@solomonexamprep.com to be entered to win a $10 Starbucks gift card.

Question

Relevant to the Series 50Series 51, Series 52, and Series 53.

 

 

 

 

 

A municipal finance professional decides to donate his time to a municipal official’s campaign. He donates his time outside of work hours. Which of the following is true?
 
A. This would not be considered a contribution under G-37, and would not need to be disclosed and would not trigger the ban
B. This is considered a contribution that will need to be reported and may trigger the ban
C. This will need to be disclosed by the dealer, but it would not trigger the ban

D. This is considered a contribution that may trigger the ban, but will not need to be reported

Answer: A. An employee of a dealer generally can donate his or her time to a municipal official’s campaign without it being considered a contribution to the official, as long as the employee is volunteering his or her time during non-work hours, or is using previously accrued vacation time or the dealer is not otherwise paying the employee’s salary (e.g., an unpaid leave of absence). Because the volunteering takes place outside of work hours, it would not be considered a contribution and will not trigger the ban or need to be disclosed.

New $60 FINRA Exam Could Save Musk and Tesla $40 Million

After agreeing to resign as Tesla Chairman, add two independent directors, and pay $40 million in fines, some have noted that Elon Musk could prevent future SEC mishaps by studying for the new FINRA Securities Industry Essentials (SIE) exam. Continue reading

After agreeing to resign as Tesla Chairman, add two independent directors, and pay $40 million in fines, some have noted that Elon Musk could prevent future SEC mishaps by studying for the new FINRA Securities Industry Essentials (SIE) exam.

Students who study for a securities exam with Solomon Exam Prep learn that providing investors with false or misleading information is a violation of the Securities Exchange Act.

Jeremy Solomon, President of Solomon Exam Prep, suggests that due to Musk’s demanding schedule as the founder and president of multiple companies, Musk use the Solomon online SIE exam guide and SIE exam simulator. With nearly 3,000 practice questions, Musk should be able to master the SIE material. “If he’s having trouble,” however, “I am willing to offer Elon private tutoring.  “But it has to be on earth,” Solomon says. “I am afraid of heights.”

Solomon Exam Prep has helped thousands pass securities licensing exams including the Series 3, 6, 7, 24, 26, 27, 28, 50, 51, 52, 53, 62, 63, 65, 66, 79, 82, 99 and SIE exams.

The SIE exam launched October 1 is open anyone 18 and older, no prerequisites or background check required.  Best of all it costs just $60,  quite a bit less than a $40 million fine, notes Jeremy Solomon.

#FINRA, #SecuritiesIndustryEssentials, #ElonMusk, #SEC, #series7exam, #Tesla