Saturday, November 09, 2013

Jeff Van Blarcom MD Announces new CFA Partnership



Jeff Van Barcom Managing Director Announces new CFA Partnership between The Securities institute of American and Fitch Learning.

We are extremely pleased to announce a strategic partnership with Fitch Learning. This partnership will expand our offerings and allow us to service our clients who want to prepare for the CFA exams. Fitch learning is truly the best in class in the CFA exam prep space.

Fitch Learning offers a number of solutions for students who would like to pass the CFA exam. These solutions range from exam prep software and textbooks to world class videos  and live in person classroom training   

Jeff Van Blarcom continues “Fitch has established itself as the leader in CFA, CQF and a host of hi level training courses for financial professionals worldwide  

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Thursday, June 27, 2013

Wiley Partners with The Securities Institute of America to Publish Thirteen FINRA Exam Review Guides with Companion Test Banks

Wiley Partners with The Securities Institute of America to Publish Thirteen FINRA Exam Review Guides with Companion Test Banks




Wiley and The Securities Institute of America form partnership to publish and distribute exam preparation books and online test banks for FINRA exam preparation



The Securities Institute of America is extremely pleased to announce that it is now a Wiley partner company. Founded in 1807 John Wiley and Sons is a billion dollar global publisher and training provider. Wiley now brings its resources to further elevate our world class training solutions for securities industry professionals. In the coming weeks you will see a lot of exciting changes!





All of our products are getting a dramatically updated look and feel



New training products



The largest proider in the securities exam prep industry



From the Index and Table of Contents to our Glossary and Answer Keys every single word on every page has been painstakingly gone over by subject matter experts and a massive team of county's top editors, designers and graphic artists to bring you the best materials in the industry. Every book includes:




New layouts

New graphics

New examples

New test tips



New Training Products

The Securities Institute and John Wiley & Sons are working hard to bring you new and innovative learning products. We will be rolling out a new suite of learning tools, test banks and reporting systems to ensure you and your team pass your exams!



The largest provider in the securities exam prep industry



Whether you are a sole practioner or a large multi national firm with 100,000 agents, we have the resources to meet your exam training needs.



Founded in 1807, John Wiley & Sons, Inc. is an independent, global publisher of print and electronic products on a wide variety of non-fiction topics for professional, academic, student, and consumer audiences. Wiley's Professional Development business creates products and services that help customers become more effective in the workplace and achieve career success. It brings to life the ideas and best practices of thought leaders in business, finance, accounting, workplace learning, management, leadership, technology, behavioral health, engineering/architecture, and education to serve these communities worldwide.   learn more at www.securitiesce.com

Tuesday, August 21, 2012

Free Series 99 Exam Question - NEW


Here is a great Series 99 Exam question from the Basic knowledge Associated with Broker Dealer Operations section of the Series 99:

Which of the following inter-dealer trades does not settle in clearinghouse funds?


A) OTC stocks

B) GO bonds

C) Corporate bonds

D) U.S. government bonds



ANSWER: D

Trades in securities backed by the federal government are settled in federal funds, not clearinghouse funds.

Take Free Series 99 Exam Questions on our site at:

http://www.securitiesce.com/web/pages/series99/index.php

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Series 7 Exam Information - Options


Here is some great series 7 exam information regarding how buyers and sellers of options manage, enter and  exit option trades

Managing an Option Position


Both the buyer and seller, in an option trade, establish the position with an opening transaction. The buyer has an opening purchase and the seller has an opening sale. To exit the option position, an investor must “close out” the position. The buyer of the option may exit their position through:


 A Closing Sale

 Exercising The Option

 Allowing The Option To Expire


The Seller of an option may exit or close out their position through:


 A Closing Purchase

 Having the Option Exercised or Assigned to Them

 Allowing The Option to Expire


Most individual investors do not exercise their options and will simply buy and sell options in much the same way as they would buy or sell other securities.

Take some free Series 7 Exam questions on our site:

http://www.securitiesce.com/web/pages/series7/index.php

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New Line of Series 99 Exam Training!



The Securities Institute of America Introduces New Line of World Class Training Materials for the Series 99 Exam!

The Securities Institute introduces a new line of training materials for the series 99 exam. This new series 99 training solution features online exam software with 10 levels of customization, social peer to peer learning in live online study groups and real time tracking and reporting for managers and training directors.

New York, NY (PRWEB) July 9, 2012 -- The Securities Institute of America, a premiere provider of exam training materials for securities professionals, today has announced that it has introduced a new line of world class training materials for the Series 99 exam featuring dynamic online testing with social peer to peer learning for financial professionals preparing to take the series 99 exam.

The Securities Institute of America, Inc. has helped thousands of financial professionals pass their securities pre - licensing exams. The Institute offers premium quality textbooks, state of the art exam simulators, live and online classes for all securities pre licensing and continuing education needs. Students who are preparing for their exams can sample and view all of our products by visiting The Institute's Website at http://www.securitiesce.com/


Jeffrey Van Blarcom, Managing Director, adds "The Securities Institute of America is extremely pleased to introduce our series 99 training solution featuring the next generation of world class exam prep software. Our new online exam prep software is the most advanced and dynamic online exam prep product offered in the market today. Students preparing for the exams create fully randomized tests by selecting the topics, number of questions, and how and when answers are revealed. The software has many additional levels of customization to allow students to drill down deeper and to further customize their testing to pinpoint the exact area the student wants to focus on. Once the student is confident in the application of the knowledge they may move on to fully randomized final exams created by our software system. This is a huge improvement to the static online exams currently available. “


Social Learning


Students who are testing using our online exam prep software can join live study groups while taking practice questions to discuss exam topics, exam questions, and test taking strategies Live 24 x 7. Students can also get help directly from an instructor when available.


Test, Track & Interact


Students may take practice exams using any PC, Mac, Iphone, Ipad, Blackberry or Android device. Managers and Training Directors can view real time dynamic reports of their agents’ progress. Managers and Training Directors can interact live online with their agents and can schedule, manage and lead live group study sessions


“There is nothing like our online exam prep software, it is truly amazing. For over 15 years The Securities Institute has been the leading developer of exam training technology for the securities industry. The Securities Institute is committed to providing the most updated material available. We continuously update our products and are constantly working on developing new and innovative ways to meet our students’ exam preparation needs” said Van Blarcom.

About The Securities Institute of America



The Securities Institute of America, Inc. was founded by a diverse group of Wall Street professionals for Wall Street professionals. Our team's experience brings you the information and knowledge required for your success in the financial services industry. The Securities Institute of America, Inc. offers clients world class training and consulting services. It is this high level of professionalism that makes our team requested by name at some of the largest financial firms in the world. The Securities Institute of America, Inc. provides a unique blended learning experience to each of its students, offering customized learning solutions to each individual based on their personal ability to learn. The Securities Institute of America, Inc. offers premium quality text books, state of the art exam simulators, live and online classes for all securities pre-licensing and continuing education needs. Students who are preparing for their exams can sample all of our products on our website. To learn more about The Securities Institute of America, Inc. visit us on the Web at http://www.securitiesce.com/



Take some free series 99 exam questions on our site at:

http://www.securitiesce.com/web/pages/series99/index.php


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A Series 24 Exam Question!




Here is a great series 24 exam question from the Supervision of Brokerage Office Operations section of the series 24 exam:

When a customer enters a sell order and the customer is in possession of the certificates, a broker dealer must determine all of the following except:


A) Whether the securities are in deliverable form

B) The location of the securities

C) Whether the client can make delivery promptly

D) Whether the transfer agent has accepted the securities

ANSWER:

D) A firm must make an affirmative determination and be reasonably sure the client can make prompt delivery. Approval of the transfer agent is not a factor when accepting a sell order.

Take some free series 24 exam questions on our site at:

http://www.securitiesce.com/web/pages/series24/index.php

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Series 24 Exam Question!



Here is a great series 24 exam question from the Supervision of Brokerage Office Operations section of the series 24 exam:

When a customer enters a sell order and the customer is in possession of the certificates, a broker dealer must determine all of the following except:


A) Whether the securities are in deliverable form

B) The location of the securities

C) Whether the client can make delivery promptly

D) Whether the transfer agent has accepted the securities

ANSWER:

D) A firm must make an affirmative determination and be reasonably sure the client can make prompt delivery. Approval of the transfer agent is not a factor when accepting a sell order.

Take some free series 24 exam questions on our site at:

http://www.securitiesce.com/web/pages/series24/index.php

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Series 99 Exam Training


The Securities Institute of America Introduces New Line of World Class Training Materials for the Series 99 Exam

The Securities Institute introduces a new line of training materials for the series 99 exam. This new series 99 training solution features online exam software with 10 levels of customization, social peer to peer learning in live online study groups and real time tracking and reporting for managers and training directors.

New York, NY (PRWEB) July 9, 2012 -- The Securities Institute of America, a premiere provider of exam training materials for securities professionals, today has announced that it has introduced a new line of world class training materials for the Series 99 exam featuring dynamic online testing with social peer to peer learning for financial professionals preparing to take the series 99 exam.

The Securities Institute of America, Inc. has helped thousands of financial professionals pass their securities pre - licensing exams. The Institute offers premium quality textbooks, state of the art exam simulators, live and online classes for all securities pre licensing and continuing education needs. Students who are preparing for their exams can sample and view all of our products by visiting The Institute's Website at http://www.securitiesce.com/


Jeffrey Van Blarcom, Managing Director, adds "The Securities Institute of America is extremely pleased to introduce our series 99 training solution featuring the next generation of world class exam prep software. Our new online exam prep software is the most advanced and dynamic online exam prep product offered in the market today. Students preparing for the exams create fully randomized tests by selecting the topics, number of questions, and how and when answers are revealed. The software has many additional levels of customization to allow students to drill down deeper and to further customize their testing to pinpoint the exact area the student wants to focus on. Once the student is confident in the application of the knowledge they may move on to fully randomized final exams created by our software system. This is a huge improvement to the static online exams currently available. “


Social Learning


Students who are testing using our online exam prep software can join live study groups while taking practice questions to discuss exam topics, exam questions, and test taking strategies Live 24 x 7. Students can also get help directly from an instructor when available.


Test, Track & Interact


Students may take practice exams using any PC, Mac, Iphone, Ipad, Blackberry or Android device. Managers and Training Directors can view real time dynamic reports of their agents’ progress. Managers and Training Directors can interact live online with their agents and can schedule, manage and lead live group study sessions


“There is nothing like our online exam prep software, it is truly amazing. For over 15 years The Securities Institute has been the leading developer of exam training technology for the securities industry. The Securities Institute is committed to providing the most updated material available. We continuously update our products and are constantly working on developing new and innovative ways to meet our students’ exam preparation needs” said Van Blarcom.

About The Securities Institute of America



The Securities Institute of America, Inc. was founded by a diverse group of Wall Street professionals for Wall Street professionals. Our team's experience brings you the information and knowledge required for your success in the financial services industry. The Securities Institute of America, Inc. offers clients world class training and consulting services. It is this high level of professionalism that makes our team requested by name at some of the largest financial firms in the world. The Securities Institute of America, Inc. provides a unique blended learning experience to each of its students, offering customized learning solutions to each individual based on their personal ability to learn. The Securities Institute of America, Inc. offers premium quality text books, state of the art exam simulators, live and online classes for all securities pre-licensing and continuing education needs. Students who are preparing for their exams can sample all of our products on our website. To learn more about The Securities Institute of America, Inc. visit us on the Web at http://www.securitiesce.com/



Take some free series 99 exam questions on our site at:

http://www.securitiesce.com/web/pages/series99/index.php



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Free Series 99 Exam Question

Here is a great Series 99 Exam question from the Basic knowledge Associated with Broker Dealer Operations section of the Series 99:

Which of the following inter-dealer trades does not settle in clearinghouse funds?


A) OTC stocks

B) GO bonds

C) Corporate bonds

D) U.S. government bonds



ANSWER: D

Trades in securities backed by the federal government are settled in federal funds, not clearinghouse funds.
 
Take Free Series 99 Exam Questions on our site at:
 
http://www.securitiesce.com/web/pages/series99/index.php

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Thursday, June 21, 2012

Series 7 Exam - Options

Here is some great series 7 exam information regarding how buyers and sellers of options manage, enter and  exit option trades

Managing an Option Position


Both the buyer and seller, in an option trade, establish the position with an opening transaction. The buyer has an opening purchase and the seller has an opening sale. To exit the option position, an investor must “close out” the position. The buyer of the option may exit their position through:


 A Closing Sale

 Exercising The Option

 Allowing The Option To Expire


The Seller of an option may exit or close out their position through:


 A Closing Purchase

 Having the Option Exercised or Assigned to Them

 Allowing The Option to Expire


Most individual investors do not exercise their options and will simply buy and sell options in much the same way as they would buy or sell other securities.

Take some free series 7 exam questions on our site at:
 
http://www.securitiesce.com/web/pages/series7/index.php

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Monday, June 18, 2012

Free Series 7 Exam Tip

Here is some good information for the series 7 exam relating to short sales:

Short Sales


An investor, who believes that a stock price has appreciated too far and is likely to decline, may profit from this belief by selling the stock short. In a short sale, the customer borrows the security in order to complete delivery to the buying party. The investor sells the stock high hoping that they can buy it back cheaper and replace it. It is a perfectly legitimate investment strategy. The investor’s first transaction is a sell and they exit the position by repurchasing the stock. The short sale of stock has unlimited risk because there is no limit to how high the stock price may go. The investor will lose money if the stock appreciates past their sales price.

Affirmative Determination


All firms and agents are required to make an affirmative determination for all sell orders entered on behalf of the firm or a customer. All sell orders must be marked either long or short. A person is considered long the security if the investor:


 Has possession of the security

 Has purchased the security but the trade has not settled

 Has issued conversion or exercise instructions for a right, warrant, option, convertible bond or preferred stock


 If the investor owns rights, warrants, options, or a convertible security but has not issued exercise or conversion instructions the investor is not considered long the security.



The firm must make a determination if the customer is long the security or if they are selling short. If the customer is selling short, the firm must determine if the security can be borrowed for delivery.


An investor is only considered long the security to the extent of their net long position in the security. If an investor is long 1000 shares of ABC and is short 600 shares of ABC in another account, the investor may only mark a sell ticket for 400 shares of ABC long.

Take some free series 7 exam questions on our site at:

http://www.securitiesce.com/web/pages/series7/index.php



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Wednesday, May 23, 2012

Series 55 Exam Question

Here is a great series 55 exam question regarding the many different types of orders that can be placed in the NASDAQ Market Center Execution System:




After being posted to the NASDAQ book which of the following orders will reroute to other market centers ?



(A) Inter market sweep order / ISO

(B) Price to comply order

(C) Reactive electronic STGY order

(D) Scan order



(C) After being posted to the NASDAQ book reactive electronic STGY orders will reroute to other market centers if quotes from other market centers would allow the order to be executed.



Take some free series 55 exam questions on our site at:



http://www.securitiesce.com/web/pages/series55/index.php


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Tuesday, May 01, 2012

Series 24 Exam Tip!


Here is some great information for the series 24 exam regarding customer account transfers / ACATS. Series 24 exam students sometimes get tripped up on the ACAT process. Reading the flowing information can greatly help you master the account transfer process for the series 24 exam.


Account Transfer




Clients from time to time will wish to have their accounts transferred from one brokerage firm to another. This is usually accomplished through an Automated Client Account Transfer, or an ACAT. The ACAT provides transfer and delivery instructions to the firm, which will be required to deliver the account to the client’s new firm. Once transfer instructions are received, no new orders may be accepted and all open orders must be cancelled, except for open orders for options that expire within seven days. The firm that receives the transfer instructions is required to validate the instructions or take exception to them within one business day. Upon validation, the transfer instructions must be sent back to the receiving firm with a list of the positions to be transferred, the value of the positions and a description for any securities that do not have a CUSIP number. Once the instructions have been validated, the firm has another three business days to complete the account transfer. A firm may only take exception to the instructions for the following reasons:



 The customer’s signature is missing or invalid

 The account title does not match the carrying firm’s account title

 The social security number does not match

 The account number is wrong



A difference in securities positions and free credit balances is not a reason to take exception to the transfer instructions. From time to time, certain investment positions will not be able to be transferred from the old firm to the new firm. The customer must be informed of this fact in writing and the customer is required to give specific instructions as to what should be done with that investment. The customer may elect to:



 Leave the investment at the old firm

 Have it liquidated

 Have it shipped to them



If the position is liquidated, the proceeds must be forwarded to the customer within five business days. If the customer is transferring an account that has a checking account, debit, or credit card connected to the account, the customer must return or destroy the checks and the card. Broker dealers that engage in partial account transfers from one broker dealer to another use the DTC to settle the transfers. If the old firm fails to deliver a position to the new firm, the old firm has a fail to deliver and the new firm has a fail to receive. Securities or cash positions that are transferred to the new firm that were not on the ACAT form are known as “residual credits”. Occasionally after the account has been transferred dividends and interest payment may get posted to the customer’s account at the original carrying firm. If this happens the original firm is required to continue to send any residual credits for six months and must make the transfer within 10 business days of the credit being posted to the customer’s former account.


Take some free series 24 exam questions on our site at::

http://www.securitiesce.com/web/pages/series24/index.php


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