study materials

New Series 82 On-Demand Study Course

We are proud to announce the release of a brand new on-demand study course for the Series 82, FINRA Limited Representative-Private Securities Offerings Qualification Exam. Continue reading

Series 82 On-Demand Study Course

We are proud to announce the release of a brand new on-demand study course for the Series 82, FINRA Limited Representative-Private Securities Offerings Qualification Exam. Earlier this year we released a brand new study guide to pair with our online exam simulator and now we are happy to further add to our product offerings with this on-demand study course.

The Series 82 On-Demand Study Course is split up into sections, to mirror the Series 82 exam outline and can be purchased as an individual product or as part of our Premium Study Package. Here is an outline of the videos that are included in our on-demand offering:

Section 1: Characteristics of Corporate Securities

Equity Securities – Stock
Debt Securities – 1
Debt Securities – 2
Other Equity Securities

Section 2: Regulation of the Market for Registered and Unregistered Securities

Types of Offerings
Investment Banking Communication
Public Offering Rules
Safe Harbors from Registration
Private Placements
Introduction to the Secondary Market
Prohibited Trading Practices

Section 3: Analyzing Corporate Securities and Investment Planning

Economics
The Income Statement
The Balance Sheet
The Cash Flow Statement

Section 4: Handling Customer Accounts and Industry Regulations

Customer Accounts
General Industry Standards
General Industry Standards – 2

About the Series 82 exam:

The Series 82 FINRA Limited Representative-Private Securities Offering Qualification Examination, qualifies an individual for the sale of private placement securities as part of a primary offering. The exam is 100 questions in length and is taken over a period of 2.5 hours; a score of 70% is required to pass the exam.

The NEW Solomon Exam Prep Guide to the Series 82 is here!

Do TACs, QIBs and PIPES give you a headache? Do you need to take the FINRA Series 82 exam? If you can answer yes to both questions, Solomon Exam Prep can help relieve your headache with our new guide to the Series 82. Continue reading

The Solomon Exam Prep Guide: Series 82 Limited Representative Private Securities Offerings Qualification Examination offers a clear, no-nonsense guide to the Series 82 exam. With detailed explanations, visual aids, and example questions, the Solomon Exam Prep Guide, in conjunction with the Solomon Series 82 Exam Simulator, will get you on track to passing the Series 82 in no time.

“The Series 82 exam is for private securities offerings in the primary market, and with the growth in private securities, we recognized that our customers needed a Series 82 guide” said Jeremy Solomon, president and founder of Solomon Exam Prep. “If you only sell private securities, why take the Series 7 (250 questions) if you can take the Series 82 (100 questions) instead?”

Solomon Exam Prep provides study materials and classes for securities and insurance licensing exams. Along with the Series 82, Solomon Exam Prep helps financial professionals study for the Series 7, 6, 63, 65, 66, 24, 26, 55, 62, 79, 99, and Life & Health Insurance exams. Solomon Exam Prep offers study guides, audio guides, exam simulators, online classes and private tutoring to help our students pass the first time. Visit our website http://solomonexamprep.com or contact us at 503-601-0212 if you would like more information about how we can help you or your employees pass these challenging and important exams!

“Thanks to Solomon Test Prep, I passed the Series 79, 7, 63 and 82 exams. Your excellent software made all the difference!”

-Constantine Valhouli, New York, NY

“I used your materials for the Series 79, Series 82, and the Series 63 and scored all in the mid-80% range. Thanks for your help and support!”

-Carlie Headapohl, San Diego, CA

“Passed with an 88%. The practice test questions were good preparation for the actual exam. I also used a paper binder produced by another company. In comparison, Solomon’s practice test questions were much closer to the actual test.”

-Karin Lystad, Chicago, IL

“Thanks Professor Solomon! The online exam simulator guided me comfortably to a solid passing grade on my first attempt.”

-Steve Troy, New York, NY

The Solomon Exam Prep Guide to the Series 62 is here!

Do EGCs, MRVP letters, and the DCF method give you a headache? Do you need to take the FINRA Series 62 exam? If you can answer yes to both questions, then let Solomon Exam Prep help relieve your anxiety with our brand new guide to the Series 62.

The Solomon Exam Prep Guide: Series 62 FINRA Corporate Securities Limited Representative Qualification Examination offers a no-nonsense guide to the Series 62 exam. With detailed explanations, visual study aids, and example questions, the Solomon Exam Prep Guide will get you on track to passing the Series 62. Solomon Exam Prep has helped thousands pass their FINRA and NASAA licensing exams. Let our expertise guide you through the Series 62 maze so you can enter the exam room with confidence!

Solomon Exam Prep provides study materials for securities and insurance licensing exams. Along with the Series 62, we help students study for the Series 7, 6, 63, 65, 66, 24, 26, 55, 79, 82, 99, and Life & Health Insurance exams. Solomon Exam Prep offers study guides, audio guides, exam simulators, online classes and private tutoring to help our students pass the first time. Contact us if you would like more information about how we can help you or your employees pass these challenging and important exams!

Thanks to Solomon Exam Prep’s help, I took and passed the Series 62 Corporate Securities exam (got a score of 84%). Great practice questions.

– Adam Grossman, Chicago, IL

I took the Series 62 this morning and passed, in large part due to your program.

– Gus Spector, Philadelphia, PA

The test was TORTURE!!!! I can honestly say I would not have passed [Series 62] without your class.

– Karla P., New York, NY

I passed [the Series 62] with an 84 thanks to your material. Your sample tests made the difference.

– Peter Kearney Northbrook, IL

Your Series 62 Exam Simulator is great; hard but really useful. The explanations make a huge difference for learning the key points.

– Chris Abato, Orion Capital, Menlo Park, CA

Study Question of the Week: September 19, 2012 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Be sure to submit your answers in the comments section and check back tomorrow for the correct answer and rationale! Continue reading

Happy studying!

Question (Relevant to Series 7, Series 79, Series 24, Series 62, Series 99, and Series 82):

Before allowing a customer to buy shares in an IPO, the member firm must receive a representation that the account is not restricted by the account owner. How can this form be obtained initially?
I. Negative consent letter
II. Positive affirmation letter

Answers:

A: I

B: II

C: Either I or II

D: Neither I nor II

ANSWER–Study Question of the Week: September 5, 2012 Edition

As a follow up to yesterday’s question, here is your question PLUS answer and rationale: Continue reading

As a follow up to yesterday’s question, here is your question PLUS answer and rationale:

Question (Relevant to Series 7, Series 62, and Series 24):

Sam bought 1,000 shares of XYZ Corporation three months ago and the stock has appreciated significantly over that time. Sam decides to go short against the box. What does this mean?

Answers:

A: Sam has decided to short 1,000 shares of XYZ.

B: Sam has decided to write 10 call options of XYZ stock.

C: Sam has decided to write 10 put options of XYZ stock.

D: Sam has decided to sell his shares of XYZ and then buy the shares back after a 30-day window.

Correct Answer: A

Rationale:

When an investor goes short “against the box” it simply means that the investor has shorted shares that they already own with no intention of delivering their own shares by the settlement date. This practice is called “against the box” because the owned shares are held safely in a box, while borrowed shares are sold. Shorting against the box used to be a common tax deferral strategy. By selling borrowed shares, the investor could defer a capital gain to a more favorable later time. Current tax law no longer permits shorting against the box to be used as a tax deferral strategy – when an investor shorts shares they already own it is treated as if they have sold the shares and the gain is recognized immediately.

*Questions featured in the weekly study question series are sampled from Solomon’s industry-leading Online Exam Simulator.

Study Question of the Week: September 5, 2012 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Be sure to submit your answers in the comments section! Continue reading

This week’s study question from the Solomon Online Exam Simulator question database is now available. Be sure to submit your answers in the comments section and check back tomorrow for the correct answer and rationale!

Happy studying!

Question (Relevant to Series 7, Series 62, and Series 24):

Sam bought 1,000 shares of XYZ Corporation three months ago and the stock has appreciated significantly over that time. Sam decides to go short against the box. What does this mean?

Answers:

A: Sam has decided to short 1,000 shares of XYZ.

B: Sam has decided to write 10 call options of XYZ stock.

C: Sam has decided to write 10 put options of XYZ stock.

D: Sam has decided to sell his shares of XYZ and then buy the shares back after a 30-day window.

Sign-up for our NEW live, online Series 62 class today

Solomon Exam Prep’s line of study materials for the Series 62 exam is growing. We are excited to announce our new live, interactive online classes for the FINRA Series 62 Corporate Securities Limited Representative Qualification Exam! Continue reading

Solomon Exam Prep’s line of study materials for the Series 62 exam is growing. We are excited to announce our new live, interactive online classes for the FINRA Series 62 Corporate Securities Limited Representative Qualification Exam!

Studying for the Series 62 can be a daunting task: the 50-page FINRA outline is long enough to intimidate even the best of test takers! Let Professor Karen Solomon, Ph.D. guide you through the intricacies of corporate securities including corporate bonds, rights, warrants, money-market funds and REITS. Professor Solomon will give you the best need-to-know information in four 2-hour sessions. This live, online class will feature practice questions mixed throughout the easy-to-understand lectures. And your questions are not just allowed, but encouraged! If you miss some or all of the sessions, not to worry: with your purchase, you will also enjoy 15 days access to your recorded class!

Our next class starts Monday, January 30, 2012. Visit our website or give us a call at (503) 601-0212 to sign-up today!

Take advantage of our NEW reduced prices for our Series 99 products!

Blame the eggnog or perhaps it’s just the holiday spirit, but we have recently reduced our prices for our Series 99 Operations Professional Exam study materials! Continue reading

Blame the eggnog or perhaps it’s just the holiday spirit, but we have recently reduced our prices for our Series 99 Operations Professional Exam study materials! This Bernie Madoff-inspired exam was designed to encourage accountability amongst back office professionals. We currently offer a class and online exam simulator to help you with all your study needs. Our class price has been reduced to $139.95 and our online exam simulator is a steal at $69.95. If you purchase the Basic Package, you will save an extra 10% off the total price!

For more information about our Series 99 products, please click here.

Practice makes perfect: Study for the Series 55 Equity Trader Exam with the new Solomon Series 55 Online Exam Simulator

Test your knowledge about piggybacking, pink sheets and MPIDs with our industry-leading online exam simulator for the FINRA Series 55 exam. Take short topic quizzes, full-length exams with immediate feedback or simulate the real thing by taking full-length timed exams. New questions are added regularly to the Solomon Exam Prep Series 55 question database so the product stays current in this fast-changing industry.

In a 2011 study, published in the journal Science, two Purdue University Psychologists showed that practicing memory retrieval via testing is the best strategy for learning. For more information about the landmark study, click here.

The old saying is true: Practice makes perfect … so start practicing for the Series 55 by clicking here!