Details

<p><b>Introduction 1</b></p> <p>What You’ll Find 1</p> <p>Beyond the Book 2</p> <p>Where to Go for Additional Help 2</p> <p><b>Part 1: Tackling the Questions 3</b></p> <p><b>Chapter 1: Securities Underwriting: The Process and the Team Players 5</b></p> <p>The Problems You’ll Work On 5</p> <p>What to Watch Out For 5</p> <p>1–35 Bringing New Issues to Market 6</p> <p>36–43 Types of Securities Offerings 10</p> <p>44–61 Exempt Securities and Transactions 11</p> <p><b>Chapter 2: Equity Securities: Corporate Ownership 15</b></p> <p>The Problems You’ll Work On 15</p> <p>What to Watch Out For 15</p> <p>62–97 Common Stock 16</p> <p>98–125 Preferred Stock 20</p> <p>126–141 ADRs, Rights, and Warrants 24</p> <p><b>Chapter 3: Debt Securities: Corporate and US Government Loans 27</b></p> <p>The Problems You’ll Work On 27</p> <p>What to Watch Out For 27</p> <p>142–178 Types of Bonds 28</p> <p>179–208 Price and Yield Calculations 32</p> <p>209–224 U S Government Securities 36</p> <p>225–238 Money Market Instruments 37</p> <p><b>Chapter 4: Municipal Bonds: Local Government Securities 41</b></p> <p>The Problems You’ll Work On 41</p> <p>What to Watch Out For 42</p> <p>239–268 GO and Revenue Bonds 43</p> <p>269–275 The Primary Market 47</p> <p>276–286 Additional Municipal Bonds 48</p> <p>287–296 Municipal Notes 49</p> <p>297–302 Municipal Fund Securities 50</p> <p>303–313 Taxes on Municipal Bonds 51</p> <p>314–335 Municipal Bond Rules 52</p> <p><b>Chapter 5: Delivering Diversification with Packaged Securities 57</b></p> <p>The Problems You’ll Work On 57</p> <p>What to Watch Out For 58</p> <p>336–340 Investment Company Rules 59</p> <p>341–384 Management Investment Companies 59</p> <p>385–406 Investment Company Options 65</p> <p>407–431 Annuities 67</p> <p>432–436 Variable Life Insurance Products 70</p> <p><b>Chapter 6: Working with Direct Participation Programs and REITs 73</b></p> <p>The Problems You’ll Work On 73</p> <p>What to Watch Out For 74</p> <p>437–457 DPPs, General, and Limited Partners 75</p> <p>458–464 Partnership Paperwork 77</p> <p>465–470 Passive Gains and Losses 78</p> <p>471–491 Types of DPPs 79</p> <p>492–502 REITs 81</p> <p><b>Chapter 7: Options: Understanding the Basics of Puts and Calls 83</b></p> <p>The Problems You’ll Work On 83</p> <p>What to Watch Out For 84</p> <p>503–535 Option Basics 85</p> <p>536–573 Standard Option Math 88</p> <p>574–602 Option Paperwork and Rules 93</p> <p><b>Chapter 8: Customer Accounts: Doing the Right Thing 97</b></p> <p>The Problems You’ll Work On 97</p> <p>What to Watch Out For 97</p> <p>603–622 Opening Accounts 98</p> <p>623–640 Selecting the Appropriate Type of Account 101</p> <p>641–664 Margin Accounts 103</p> <p>665–667 Telephone Act of 1991 106</p> <p><b>Chapter 9: Securities Analysis: Doing a Little Market Research 107</b></p> <p>The Problems You’ll Work On 107</p> <p>What to Watch Out For 108</p> <p>668–686 Systematic and Nonsystematic Risk 109</p> <p>687–709 Fundamental and Technical Analysis 111</p> <p>710–734 Money Supply and Monetary Policy 114</p> <p>735–744 Economic Indicators 117</p> <p>745–752 Cyclical, Defensive, and Growth Investments 118</p> <p>753–755 Economic Theories 118</p> <p><b>Chapter 10: Securities Markets: Taking Orders and Executing Trades 121</b></p> <p>The Problems You’ll Work On 121</p> <p>What to Watch Out For 121</p> <p>756–763 Primary and Secondary Market 122</p> <p>764–774 Making the Trade 123</p> <p>775–781 Broker-Dealer 124</p> <p>782–810 Executing Customer Orders 125</p> <p>811–815 Types of Investors 129</p> <p><b>Chapter 11: Making Sure the IRS Gets Its Share: Taxes and Retirement Plans 131</b></p> <p>The Problems You’ll Work On 131</p> <p>What to Watch Out For 132</p> <p>816–822 Tax Categories and Types of Income 133</p> <p>823–843 Taxes on Investments 133</p> <p>844–876 Retirement Plans 137</p> <p><b>Chapter 12: Rules and Regulations: No Fooling Around 143</b></p> <p>The Problems You’ll Work On 143</p> <p>What to Watch Out For 144</p> <p>877–892 Securities Regulatory Organizations 145</p> <p>893–904 FINRA Registration and Reporting Requirements 147</p> <p>905–957 Trading After the Account Is Open 149</p> <p>958–993 Additional Rules 156</p> <p>994–1,001 FDIC and SIPC 161</p> <p><b>Part 2: Checking Your Answers 163</b></p> <p><b>Chapter 13: The Answers 165</b></p> <p>Chapter 1 Answers 165</p> <p>Chapter 2 Answers 174</p> <p>Chapter 3 Answers 187</p> <p>Chapter 4 Answers 203</p> <p>Chapter 5 Answers 219</p> <p>Chapter 6 Answers 234</p> <p>Chapter 7 Answers 243</p> <p>Chapter 8 Answers 261</p> <p>Chapter 9 Answers 272</p> <p>Chapter 10 Answers 285</p> <p>Chapter 11 Answers 294</p> <p>Chapter 12 Answers 302</p> <p>Index 321</p>

<p><b>Steven M. Rice</b> is a partner and instructor at Empire Stockbroker Training Institute, one of the country’s leading schools for training to the securities industry. Steven is the author of <i>Series 7 Exam For Dummies, SIE Exam For Dummies,</i> and <i>Series 7 Exam: 1001 Practice Questions For Dummies.</i>

<p><b>Pass the SIE^® exam with this Dummies guide</b> <p>This handy guide gives you 1,001 opportunities to test your knowledge of the securities industry. Equity, debt, bonds, options, taxes, regulations—it’s all here and easy to find. Every practice question includes not only a solution but also a detailed explanation of the correct answer, so you can improve in the areas where you need the most help. Feel super-prepared for the latest SIE exam and jumpstart your career in securities. <p><b>Inside… <ul><li>Answer multiple-choice questions on topics you’ll encounter on the SIE exam</li> <li>Practice breaking down questions and eliminating wrong answers</li> <li>Choose which topics you want test yourself on</li> <li>See where you went wrong (or right!) with your responses</b></li></ul>

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