Series 52 (legacy) — MSRB Municipal Securities Representative Qualification Examination

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WHAT CUSTOMERS SAY ABOUT SOLOMON'S MSRB MUNICIPAL SECURITIES REPRESENTATIVE QUALIFICATION EXAMINATION

I used solomon to take my series 52 and i passed with a 76%! It was very helpful material for the exam.

Brett

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FREQUENTLY ASKED QUESTIONS ABOUT THE SERIES 52 (LEGACY)

What does a Series 52 license allow me to do?

Qualifies a financial professional to:

  • Sell municipal securities (e.g., municipal bonds, agency bonds, and Section 529 College Savings Plans).
  • Trade municipal securities
  • Underwrite municipal securities
  • Offer financial advice and consultant services to issuers of municipal securities
  • Conduct research and give investment advice on municipal securities
  • Communicate directly or indirectly with public investors about municipal securities

The Series 52 does not allow the financial professional to sell municipal bond funds, which are mutual funds that invest in municipal securities, unless the professional also has a Series 6 or Series 7.

A Series 52 by itself does not allow the financial representative to trade other types of securities, such as corporate stocks or bonds or U.S. government securities.

If I pass the exam, are there any other requirements before I can sell municipal securities?

You will also be required to take the Securities Industry Essentials (SIE) exam, unless you have passed certain other licensing exams prior to October 1st, 2018. 

How long should I prepare for this exam?

We recommend studying 60 hours over a three-week period.

How many questions are on the exam?

75 questions with 5 unscored questions. 

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