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Qualifies an individual to solicit, purchase, and/or sell all securities products, including corporate securities, municipal securities, municipal fund securities, options, direct participation programs, investment company products, and variable contracts.
The examination covers the principles of state securities regulation reflected in the Uniform Securities Act; these laws are sometimes called "Blue Sky" laws.
Qualifies an individual to sell investment company securities, mutual funds, variable annuities, and variable life insurance products. NASD Securities licensing product series
Qualifies an individual to register as a principal to supervise sales activities in corporate, municipal, and options securities, investment company products, variable contracts, and direct participation programs.
Qualifies an individual to register as a principal to supervise sales activities in corporate, municipal, and options securities, investment company products, variable contracts, and direct participation programs. NASD Securities licensing product series
Series 9: General Securities Sales Supervisor - Options
Qualifies an individual to register as a principal to supervise sales activities in corporate, municipal, and options securities, investment company products, variable contracts, and direct participation programs.
Series 10: General Securities Sales Supervisor - General Securities
Qualifies an individual to register as a principal to supervise sales activities in corporate, municipal, and options securities, investment company products, variable contracts, and direct participation programs. NASD Securities licensing product series
Series 7: General Securities Representative
Qualifies an individual to solicit, purchase, and/or sell all securities products, including corporate securities, municipal securities, municipal fund securities, options, direct participation programs, investment company products, and variable contracts.
Series 63: Uniform Securities Agent State Law Examination
The examination covers the principles of state securities regulation reflected in the Uniform Securities Act; these laws are sometimes called "Blue Sky" laws.
NASD Securities licensing product series
Qualifies an individual to be both an "agent" of a broker/dealer and an "investment advisor" representative in each state. NASD Securities licensing product series
Qualifies a representative to act as an investment advisor and receive a fee.
Qualifies an individual to sell public offerings and/or private placements of corporate stocks, corporate bonds, rights, warrants, REITs, CMOs, and securities of closed-end companies, repos and certificates of accrual on corporate securities; securities traders; M&A; venture capital; corporate financing; ETFs, and hedge funds. NASD Securities licensing product series
Series 6: Investment Company Products/Variable Contract Representative
Qualifies an individual to sell investment company securities, mutual funds, variable annuities, and variable life insurance products.
Series 63: Uniform Securities Agent State Law Examination
The examination covers the principles of state securities regulation reflected in the Uniform Securities Act; these laws are sometimes called "Blue Sky" laws.
Qualifies an individual to trade equity and convertible debt securities on a principal or agency basis.
Qualifies an individual to supervise the sale of investment company securities and variable contracts. NASD Securities licensing product series
Qualifies an individual to be an officer, partner, or supervisor of sales personnel with a FINRA member firm.
Securities and Futures Prep
NASD Securities licensing product series for investment, financial services, stocks and bonds for stockbroker training
Series 6, 7, 9, 10, 24, 26, 55, 62, 63, 65, and 66 instruction now available
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NASD Securities licensing product series for investment, financial services, stocks and bonds for stockbroker training
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SAMPLE
COURSE DESCRIPTION:
The Series 7 exam is required by most broker-dealers for their registered representatives. General Securities Registered Representative license entitles the holder to to sell all types of securities products, with the exception of commodities futures (which requires a Series 3 license). This course will prepare you for the Series 7 Exam by covering areas tested by the NASD. Series 7 serves as a prerequisite for most of the NASDs principals examinations and is the most comprehensive of the NASD representative licenses.
This course covers the solicitation, purchase, and/or sale of a broad range of investment products, including stocks, bonds, mutual funds, municipal securities, options, and direct participation programs. This course also examines areas such as options, debt securities, taxes, investment banking, financial statements, law, NASD, investment companies, municipal securities, trading, margin, securities analysis, economics, and self-regulatory organizations (SROs).
Each section will be followed by quizzes and then a practice quiz on each topic will be given to sharpen test-taking skills. Feedback rationale is offered for each question that clarifies and improves retention. Database of over 1200 questions and finals that simulate the actual NASD exam will help to ensure exam readiness. Study emphasis should be placed on the quizzes and final exams: successful completion of the quizzes will be benchmarks indicating your progress in preparation for the license exam.
LEARNING OBJECTIVES:
• Learn the general characteristics of equity securities, which include various aspects of stocks and government securities, rights and warrants, computations of interest, yield and price; learn how to make recommendations to customers.
• Understand the economics of the business cycle, effects of inflation, investment analysis, currency markets and exchange rates. Learn about the money market and the sources of economic and business performance data.
• Learn about the various types of customer accounts, their management by third parties, and how and why accounts are closed or transferred. Understand the calculations required for margin accounts and learn about short sales.
• Understand trading, which includes various types of orders, the consolidated tape and how to collect information on stocks and bonds.
• Understand the general characteristics of municipal securities, their types and marketability. Learn the methods of underwriting and the analysis of bonds.
• Understand the purpose and types of investment companies, the types of mutual funds and their marketing, and the rules and legalities of investment companies.
TOPICS COVERED:
• Introduction
• LESSON 1: Securities
• LESSON 2: Economics
• LESSON 3: Margin
• LESSON 4: Trading
• LESSON 5: Municipal Securities
• LESSON 6: Investment Companies
• LESSON 7: NASD
• LESSON 8: Law
• LESSON 9: Financial Statements
• LESSON 10: Taxes
• LESSON 11: Direct Participation Programs
• LESSON 12: Options
COURSE PRACTICE TESTS:
To help prepare you for the licensing examination, at the end of the course, you will have the option of taking an unlimited number of practice examinations, each consisting of 100 questions. You will be able to take the practice exams an unlimited number of times.
SEAT TIME:
This course takes approximately 60-80 hours to review all of the content.
ACCESS TO COURSE:
From the date of purchase, you will have access to the course for 120 days.
LICENSING EXAMINATION:
Below is information regarding the licensing examination administered by the NASD. For additional information please to to www.nasd.org.
COURSE PRE-REQUISITE:
There is no pre-requisite to take this exam.
EXAM TIME:
Applicants are allowed 6 hours to complete the exam.