Equity Securities
Common stock, preferred stock, rights, warrants, settlement dates, dividend distribution, voting procedures, American depositary shares, REITS and more.
Corporate and Municipal Debt
Corporate bonds, bond pricing, calculating yields, bonds ladders, convertible bonds, bond ratings, CMOS, exchange traded notes, variable rate securities, general obligation and revenue bonds, Industrial revenue bonds, double barreled bonds, issuing municipal securities, the underwriting syndicate, competitive and negotiated offerings, underwriter’s compensation, eastern and western accounts and more.
Government & Government Agency Issues
Treasury bills, notes and bonds, Treasury pricing, STRIPS and receipts, Treasury inflation protected securities, agency issues and more.
Investment Companies
The investment company act of 1940, types of investment companies, open end and closed end mutual funds, diversification requirements, registration requirements, the role of the board of directors, investment adviser, custodian bank and transfer agent, calculating NAV and sales charges and more.
Variable Annuities, Retirement Plans
Annuity registration and operation, accumulation and annuity units, annuity purchase and payout options, the assumed interest rate, Individual retirement plans, traditional, Roth and Sep IRAs, tax sheltered annuities, corporate plans, 401Ks, KEOGH plans, ERISA regulations, Tax implications, and more.
Fundamental and Technical Analysis
Fundamental analysis, the balance sheet, income statement, industry fundamentals, top down and bottom up analysis, trend lines, market indicators, efficient market theory and more.
Economics and Analysis
Fundamental factors used in measuring economic activity, GDP, the business cycle, leading and lagging economic indicators, schools of economic thought, monetary and fiscal policy, the federal reserve board and more.
Customer Recommendations, Professional Conduct and Taxation
Professional conduct in the securities industry, fair dealing with clients, manipulative and deceptive devices, blanket recommendations, selecting suitable recommendations, Alpha, Beta, CapM, duration, convexity, calculating returns, perpetual income accounts and more.
Rules and Regulations
The Securities Exchange Act of 1934, The role of the SEC, FINRA regulations and bylaws, Hiring new employees, U4s, U5s, continuing education requirements, FINRA Rule 2210 communications with the public, SIPC and more.
Trading Securities
The operations of the NYSE and NASDAQ, market orders, limit orders, stop orders and not held orders, the role of the NASDAQ market makers, the role of the designated market maker on the NYSE, short sale rules and regulations, NASDAQ subscription levels, OTC securities, the third market, the 5 percent markup policy, circuit breakers and more.
Options
Option classification, calls and puts, managing an option position, calculating maximum gain, loss and breakeven, time value and intrinsic value, using options to hedge and more.
Definition of Terms
Escheatment, offers, sales, form ADV, securities and non-securities, futures and forwards form ADV and more.
Registration of Broker Dealers, Investment Advisers and Agents
State and federal registration of broker dealers and investment advisers, capital requirements for broker dealers and investment advisers, consent to service of process, state fees and applications, rush orders and more.
Securities registration, exempt Securities, and exempt transactions
Inter and intra state offerings, private placements and exempt transactions, Rule 144, 144A, 147, Regulation S offerings, Notice filing and more.
State Securities administrator and the uniform Securities Act
The powers and duties of the state securities administrator, the use and application of the Uniform Securities Act, stop orders, summary orders, cease and desist orders and more.
