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In this comprehensive tutorial, gain critical insights into the Federal Securities Act, a must for all preparing for the FINRA and NASA exams. Relevant to Series 63, 65, and 66, this discussion demystifies complex concepts related to Acts of 33, 34, 39, 40 and other federal laws. Ken, the course creator, will guide you through the world of pre-filing, registrations, and prospectus, emphasizing the importance of error-free and authentic documentation to avoid legal troubles.

Explore the posts in the 'effective' phase, understanding the allocation of shares, restrictions for the brokerage industry, and required documentation. Furthermore, delve into the intricacies of the IPO process, from over-the-counter and follow-up rounds to exchange-listed offerings, breaking down the risks, legal requisites, and timeline for each.

In this episode, we'll zoom in on the Act of 1933, focusing on securities that are exempt from registration. Learn about the roles of various players in relation to this Act, such as issuer companies, government agencies, non-profit organizations, U.S banks, and trust companies. Join us to unravel the nuances of securities regulations and the dynamics of the financial market.

Dig deeper into the lesser-talked about regulations, such as the Act of 1939, as we share real-life anecdotes on money laundering from the '80s, discuss the three stages of money laundering, and shed light on the mandatory annual compliance training every financial firm has to follow.

Expand your understanding of the role of municipal securities rule and Making Board (MSRB) in enforcing rules for various entities. Lastly, we'll cover the Investment Company Act of 1940 and the Investment Advisors Act of 1940 to understand their jurisdiction. Tune in to this reservoir of invaluable information, ideal for finance students, practitioners, and anyone interested in learning about securities regulations!

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📚 About the Podcast

Real-world finance explained the way exams and real life actually test it.
Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.

⚠️ Disclosure

This podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.

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Live classes, tutoring, practice questions, and bonus content:

👉 Website / Classes: https://capitaladvantagetutoring.com

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