Study for the Series 6 Exam

  The Series 6 exam asks questions on an applicant's knowledge of the process for bringing new issues to market, This topic includes requirements to give purchasers copies of the new-issue prospectus. It also includes knowledge of the preliminary prospectus and the timeliness of information. The Series 6 exam tests applicants on their knowledge of providing a prospectus to persons purchasing mutual funds. Applicants must also have working knowledge of the process for bringing new issues to market, including exercise of due diligence and full disclosure. Applicants must also be familiar with preliminary prospectuses and underwriting agreements, selling group agreements, and blue-sky laws regarding new issues. The Series 6 exam tests applicants on their knowledge of the difference between prospectuses and official statements, the latter being used for new issues of municipal securities. Make sure that you are familiar with these topics before you sit for the Series 6 exam. You can fi...

Are you thinking of taking the Series 6 exam and becoming licensed to sell mutual funds and variable annuities? Then be prepared for questions on FINRA's rules involving communication with customers. In FINRA's Content Outline for the Series 6, Section 1.1 specifies that a test candidate needs to have requisite knowledge of various FINRA rules on what a representative may may say to a customer about investment products. Rule 2210 is the major rule in this group, specifying minimum standards and required approvals of communications with the public. Bob Eder's Study for the Series 6 Exam covers these FINRA rules in detail. Chapter One is entitled "Communication with Customers." Bob Eder's chapter covers retail communications, approval by principals, sales presentations, correspondence sent out by representatives, retail investors, and much more. Here is the link to FINRA's Content Outline for the Series 6 . Bob Eder's book is available from Amazon in bot...