Wiley FINRA Series 57 Exam Review 2017

by Securities Institute of America, Inc.,

Format: OverDrive Read 2017.
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Summary

The go-to guide to acing the Series 57 Exam!

Passing The Securities Trader Examination (Series 57) qualifies an individual to engage in NASDAQ and OTC Equity trading and to act as a proprietary trader. The exam covers Market Overview and Products, Engaging in Professional Conduct and Adhering to Regulatory Requirements, Trading Activities, Maintaining Books and Records and Trade Reporting. There are no prerequisites to taking the series 57 exam other than being sponsored by a FINRA member firm.

Created by the experts at The Securities Institute of America, Inc., Wiley Series 57 Exam Review 2017 arms you with everything you need to pass this challenging 125-question test. Designed to help you build and fine-tune your knowledge of all areas covered in the exam and to guarantee that you're prepared mentally and strategically to take the test, it provides:

Dozens of examples Assorted practice questions for each subject area covered in the exam Priceless test-taking tips and strategies Helpful hints on how to study for the test, manage stress, and stay focused

Wiley Series 57 Exam Review 2017 is your ticket to passing the Series 57 test on the first try--with flying colors!

Visit www.efficientlearning.com/finra for more information.

The Securities Institute of America, Inc. helps thousands of securities and insurance professionals build successful careers in the financial services industry every year. Our securities training options include:

Onsite classes Private tutoring Classroom training Interactive online video training classes State-of-the-art exam preparation software Printed textbooks Real-time tracking and reporting for managers and training directors

As a result, you can choose a securities training solution that matches your skill level, learning style, and schedule. Regardless of the format you choose, you can be sure that our securities training courses are relevant, tested, and designed to help you succeed. It is the experience of our instructors and the quality of our materials that make our courses requested by name at some of the largest financial services firms in the world.

To contact The Securities Institute of America, visit us on the web at www.SecuritiesCE.com or call 877-218-1776.

Contents
WILEY SERIES 57 EXAM REVIEW 2017
Contents
About the Series 57 Exam
About This Book
About the Test Bank
About the Securities Institute of America
Chapter 1 Equity Securities
What is a Security?
Equity = Stock
Common Stock
Corporate Time Line
Authorized Stock
Issued Stock
Outstanding Stock
Treasury Stock
Values of Common Stock
Book Value
Par Value
Rights of Common Stockholders
Preemptive Rights
Characteristics of a Rights Offering
Determining the Value of a Right Cum Rights
Determining the Value of a Right Ex Rights
Voting Methods of Voting
Limited Liability
Freely Transferable
The Transfer Agent
The Registrar
CUSIP Numbers
Inspection of Books and Records
Residual Claim to Assets
Why Do People Buy Common Stock?
Income
What Are the Risks of Owning Common Stock?
Dividends May Be Stopped or Reduced
Junior Claim on Corporate Assets
How Does Someone Become a Stockholder?
Trade Date
Settlement Date
Payment Date
Violation
Preferred Stock
Features of All Preferred Stock
Par Value
Payment of Dividends
Distribution of Assets
Perpetual
Nonvoting Interest Rate Sensitive
Types of Preferred Stock
Straight/Noncumulative
Cumulative Preferred
Participating Preferred
Convertible Preferred
Callable Preferred
Types of Dividends
Cash
Stock
Property/Product
Dividend Distribution
Declaration Date
Ex-Dividend Date
Record Date
Payment Date
Stock Price and the Ex-Dividend Date
Taxation of Dividends
Selling Dividends
Dividend Disbursement Process
Warrants
How Do People Get Warrants?
Units
Attached to Bonds
Secondary Market
Possible Outcomes of a Warrant American Depositary Receipts (ADRs)/American Depositary Shares (ADSs)
Currency Risks
Functions of the Custodian Bank Issuing ADRs
Real Estate Investment Trusts/REITs
Non-Traded REITs
Direct Participation Programs and Limited Partnerships
Limited Partnerships
Structuring and Offering Limited Partnerships
Types of Limited Partnerships
Tax Reporting for Direct Participation Programs
Limited Partnership Analysis
Tax Deductions vs. Tax Credits
Other Tax Considerations
Dissolving a Partnership
Pretest
Chapter 2 Debt Securities
Corporate Bonds Types of Bond Issuance
Bearer Bonds
Registered Bonds
Principal-Only Registration
Fully Registered
Book Entry/Journal Entry
Bond Certificate
Bond Pricing
Par Value
Discount
Premium
Corporate Bond Pricing
Bond Yields
Nominal Yield
Current Yield
Yield to Maturity
Yield to Maturity for a Premium Bond
Yield to Maturity for a Discount Bond
Calculating the Yield to Maturity
Calculating the Yield to Call
Yield Spreads
The Real Interest Rate
Bond Maturities
Term Maturity
Serial Maturity
Balloon Maturity
Series Issue Types of Corporate Bonds

Additional Information
Series Wiley FINRA Series ; 57
Subjects Stockbrokers -- United States -- Examinations -- Study guides.
Stockbrokers -- United States -- Examinations, questions, etc.
Electronic books.
Publisher [Place of publication not identified] :Wiley2017.
Contributors OverDrive, Inc.
Language English
System Details Mode of access: World Wide Web.
Format: Adobe PDF eBook
Format: Adobe EPUB eBook
Format: OverDrive Read
Requires Adobe Digital Editions or Adobe Digital Editions
Description 1 online resource.
ISBN 9781119403234
9781119403227
1119403227
1119403235
Other Classic View