I used Solomon Exam Prep for both the Series 7 and 63. Everyone learns differently, and they have resources for every type of learner. Continue reading
Solomon has been the gold standard for our team for studying and passing! Continue reading
I passed the Series 63 after using the study materials from Solomon. Continue reading
Solomon Exam Prep material was great. Explained in a way that is easy to learn and follow. Continue reading
Are you currently studying for the Series 63? Solomon Exam Prep is excited to host a one-day Series 63 class in Portland, Oregon for $99! Continue reading
Are you currently studying for the Series 63?
Solomon Exam Prep is excited to host a one-day Series 63 class in Portland, Oregon for $99!
The class will be held on Tuesday, February 27th. Taught by one of our instructors, this live, in-person class will cover the major topics of the Series 63. This class will include a study schedule and PowerPoint slides from the instructor.
Interested? Give us a call (503-601-0212) or send us an email and we will save you a spot.
Full payment must be received by February 20th, so don’t wait!
I passed the Series 63 with a score of 88%. I spent 3 hours every day for a week to study. Continue reading
Love Solomon! I tried other companies, and the ones I used didn’t prepare me. Continue reading
The Solomon material aligned very nicely with the actual exam which was very helpful. Also, their customer service is out of this world! Continue reading
If you’ve ever traded securities or studied for a securities licensing exam, then you’ve probably come across T+3. No, it’s not an herbal supplement or an embarrassing medical procedure. Continue reading
If you’ve ever traded securities or studied for a securities licensing exam, then you’ve probably come across T+3. No, it’s not an herbal supplement or an embarrassing medical procedure. T+3 refers to the regular-way settlement period for most securities transactions. This means that securities must be paid for and delivered by three business days from the trade date. T+3 also means you don’t become the owner of record of a security until three business days after you purchase it.
Well, add T+3 to the list of things that have gone out of style. Effective May 30, 2017, the SEC will shorten the regular-way settlement period to two business days. And so will begin the age of T+2, which is intended to “increase efficiency and reduce risk for market participants,” according to SEC Acting Chairman Michael Pinowar.
This shorter settlement period for the trading of secondary market securities has been discussed by the SEC for years. The change is expected to lower margin requirements for clearing agency members, reduce liquidity stress when markets are volatile, and harmonize settlement with European markets, which moved to T+2 in 2014.
This settlement period will not apply to every securities transaction, though. T+2, like T+3 before it, will apply to:
- Municipal securities
- Exchange-traded funds
- Mutual funds traded through a brokerage firm
- Unit investment trusts
- Limited partnerships that trade on an exchange
The securities industry moves fast. Don’t get left behind! Visit www.solomonexamprep.com or call us at 503-601-0212 for more information about the latest securities exam preparation and education.
Solomon has helped thousands pass their Series 6, Series 7, Series 24, Series 26, Series 27, Series 28, Series 50, Series 51, Series 52, Series 53, Series 62, Series 63, Series 65, Series 66, Series 79, Series 82, and Series 99.