Series 7 Top-Off Exam Lesson 15 SEP IRA, Defined Benefit Plans

This is a sample of Series 7 Top-Off Exam Lesson 15 SEP IRA, Defined Benefit Plans

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Lesson 19 Preferred Stock

This is a sample of Series 7 Top-Off Exam Lesson 19 Preferred Stock

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Lesson 18 Common Stocks

This is a sample of Series 7 Top-Off Exam Lesson 18 Common Stocks

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Lesson 17 Know your Customer

This is a sample of Series 7 Top-Off Exam Lesson 17 Know your Customer

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Quiz Lesson 52 Options pt 3

This is a Quiz from Series 7 Top-Off Exam Quiz Lesson 52 Options Pt 3 call and Put Options

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Quiz Lesson 51 Options pt 2

This is a Quiz from Series 7 Top-Off Exam Quiz Lesson 52 Options Pt 2 call and Put Options

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Quiz Lesson 50 Options pt 1

This is a Quiz from Series 7 Top-Off Exam Quiz Lesson 50 Options Pt 1 call and Put Options

 

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

 

The full table of contents for the Series 7 Top-Off Study Guide is located here

The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

 

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here

Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam

Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

Essentials exam results are valid for four years.

Check out our podcast for the SIE Exam

Here is a link to our other study products

Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934

This is Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934

1. Which of the following is true about the Securities Exchange Act of 1934?

(Select all that apply.)

A. It applies to exempt securities.

B. It determines what fair trading practices are.

C. It regulates the secondary trading of securities.

D. It was established by the Securities and Exchange Commission.

2. Which of the following is contained in a 10-K? (Select all that apply.)

A. balance sheet

B. cash flow statement

C. compensation of officers

D. income statement

3. The 10-Q is an audited financial report submitted quarterly to the Securities and Exchange Commission.

A. True

B. False

4. A ___ is filed if the company changes its name or there’s a 5% or greater change in the number of shares outstanding.

A. 10-C

B. 13-G

C. 15-B

D. 8-K

5. Which of the following is required from the broker-dealers by the Securities Exchange Act of 1934?

(Select all that apply.)

A. buy back stocks for customers that reneged on their transactions

B. electronically deliver clients’ confirmation and statements

C. maintain a minimum net capital

D. send customers a copy of their income statement

6. Under ___, margins are regulated from brokers to their customers.

A. Regulation D

B. Regulation M

C. Regulation T

D. Regulation U

7. Broker-dealers are allowed to disclose to customers the routing of the customers’ orders.

A. True

B. False

8. It is a totally anonymous matching of buy and sell orders.

A. alternative trading system

B. electronic exchange

C. electronics communication network

D. physical exchange

9. Which of the following are/were physical exchanges?

(Select all that apply.)

A. Cincinnati Stock Exchange

B. New York Stock Exchange (NYSE)

C. Pacific Stock Exchange

D. Philadelphia Stock Exchange

10. Which of the following is true about penny stocks?

(Select all that apply.)

A. They are sold on the over-the-counter bulletin board.

B. They are unsolicited orders.

C. They are traded on the NASDAQ and other listed exchanges.

D. They sell at less than $5.

11. The broker is not required to assess a penny stock buyer’s financial situation if the buyer is a/an ___.

(Select all that apply.)

A. accredited investor

B. client whose order is unsolicited

C. insider

D. interstate citizen

12. It is trading on nonpublic material information on the company.

A. front running

B. insider trading

C. pegging

D. wash trade

13. This is the catchall rule that prohibits anything fraud even if it is not specifically prohibited in the Securities Exchange Act of 1934.

A. Rule 10b-5

B. Rule 127-c

C. Rule 144A

D. Rule 145

14. For unlawful practices under the Securities Exchange Act of 1934, suits can be brought within ___ of discovery.

A. six months

B. one year

C. two years

D. three years

15. If a control person owns a position of a stock and he wants to lock in his profit or loss, he can ___.

A. dribble out

B. peg the stock

C. short against the box

D. short sell the stock

16. Anybody that has nonpublic material information on the company is considered an insider.

A. True

B. False

17. In the United Sates, they are exempted from the rules that prohibit insider trading.

(Select all that apply.)

A. congressmen

B.

Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933

This is Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933

1. Which of the following is true about the Securities Exchange Act of 1934?

(Select all that apply.)

A. It applies to exempt securities.

B. It determines what fair trading practices are.

C. It regulates the secondary trading of securities.

D. It was established by the Securities and Exchange Commission.

2. Which of the following is contained in a 10-K? (Select all that apply.)

A. balance sheet

B. cash flow statement

C. compensation of officers

D. income statement

3. The 10-Q is an audited financial report submitted quarterly to the Securities and Exchange Commission.

A. True

B. False

4. A ___ is filed if the company changes its name or there’s a 5% or greater change in the number of shares outstanding.

A. 10-C

B. 13-G

C. 15-B

D. 8-K

5. Which of the following is required from the broker-dealers by the Securities Exchange Act of 1934?

(Select all that apply.)

A. buy back stocks for customers that reneged on their transactions

B. electronically deliver clients’ confirmation and statements

C. maintain a minimum net capital

D. send customers a copy of their income statement

6. Under ___, margins are regulated from brokers to their customers.

A. Regulation D

B. Regulation M

C. Regulation T

D. Regulation U

7. Broker-dealers are allowed to disclose to customers the routing of the customers’ orders.

A. True

B. False

8. It is a totally anonymous matching of buy and sell orders.

A. alternative trading system

B. electronic exchange

C. electronics communication network

D. physical exchange

9. Which of the following are/were physical exchanges?

(Select all that apply.)

A. Cincinnati Stock Exchange

B. New York Stock Exchange (NYSE)

C. Pacific Stock Exchange

D. Philadelphia Stock Exchange

10. Which of the following is true about penny stocks?

(Select all that apply.)

A. They are sold on the over-the-counter bulletin board.

B. They are unsolicited orders.

C. They are traded on the NASDAQ and other listed exchanges.

D. They sell at less than $5.

11. The broker is not required to assess a penny stock buyer’s financial situation if the buyer is a/an ___.

(Select all that apply.)

A. accredited investor

B. client whose order is unsolicited

C. insider

D. interstate citizen

12. It is trading on nonpublic material information on the company.

A. front running

B. insider trading

C. pegging

D. wash trade

13. This is the catchall rule that prohibits anything fraud even if it is not specifically prohibited in the Securities Exchange Act of 1934.

A. Rule 10b-5

B. Rule 127-c

C. Rule 144A

D. Rule 145

14. For unlawful practices under the Securities Exchange Act of 1934, suits can be brought within ___ of discovery.

A. six months

B. one year

C. two years

D. three years

15. If a control person owns a position of a stock and he wants to lock in his profit or loss, he can ___.

A. dribble out

B. peg the stock

C. short against the box

D. short sell the stock

16. Anybody that has nonpublic material information on the company is considered an insider.

A. True

B. False

17. In the United Sates, they are exempted from the rules that prohibit insider trading.

(Select all that apply.)

A. congressmen

B.

This is a  SIE Podcast Interview with Whistleblower Attorney Mark Pugsley

This is an interview with Whistleblower Attorney Mark Pugsley while this is not information that is required for the Series 7 Exam I think you will be a more knowledgeable advisor if you are aware of the information contained in this interview.

Mark Pugsley is quite famous for his part in bringing down Milton Trevor of Nikola corporation.  He was featured prominently in the podcast BAD BETS

This is information about Mark Pugsley from his website

"Mark Pugsley has been handling securities disputes, financial fraud and whistleblower cases for 28 years. His whistleblower practice includes preparing and filing whistleblower tips with the Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC) and the Internal Revenue Service (IRS), he also handles False Claims Act or “Qui Tam” lawsuits, FINRA arbitrations and other types of investment disputes.

Mark is based in our Utah office, the state which boasts the largest number of Ponzi schemes per capita in the country. He has been recognized by Super Lawyers, Best Lawyers, Benchmark Plaintiffs, and Martindale Hubbell as one of the top securities lawyers in the country. He is licensed to practice law in Utah and California.

Mark represents whistleblowers in a number of high-profile ongoing cases, including the whistleblowers in the Washakie Renewable Energy scam in which executives pleaded guilty to criminal charges in a $1 billion biodiesel tax fraud scheme.  He also represents the whistleblowers in the Nikola Motors case who uncovered widespread fraud by the CEO, Trevor Milton.  The whistleblower report to the SEC in the Nikola case led to a $125 million settlement by the company with the SEC, and Mr. Milton was charged civilly and criminally with securities fraud, among other charges. Another of his whistleblower clients uncovered an ongoing $200 million Ponzi scheme that led to civil and criminal actions by the DOJ, SEC and State regulators.  These cases are ongoing.

Significant recoveries for his whistleblower, investment fraud and FINRA Arbitration clients include the following:

* Representation of two whistleblowers in an SEC whistleblower case that was approved for an award in April of 2021. His clients were awarded 30% of the $9,384,253 in ordered fines and penalties – the maximum award possible.

* Represented the Declarant in a whistleblower case filed against Vivint Smart Home Inc.. On January 6, 2021 the Justice Department announced that Vivint had agreed to pay the United States $3.2 million to resolve the case. His client will receive a significant reward.

* Represented a client in an $11 million CFTC whistleblower case that was approved for an award in January of 2020. His client will receive a significant portion of all restitution and civil penalties collected by the CFTC.

* Representation of three clients in a 5-day trial in Utah State Court where his clients were awarded compensatory damages in excess of $3 million, $2 million in punitive damages, and attorney’s fees.

* Represented a bankruptcy trustee and trustee of a private actions trust pursuing the claims of over 400 victims of a Ponzi scheme against a national life insurance company for securities fraud and the negligent employment of the agents who perpetrated the scheme for over a decade. The parties reached an 8-figure settlement in 2018.

* Represented 15 clients in a FINRA arbitration case alleging more than $6 million in out of pocket damages involving a rogue broker from a national brokerage firm.