Series 7 Exam For Dummies »

Steven M. Rice is a partner and educator in the Empire Stockbroker Training Institute, one of the largest and most successful securities training schools in the country.

Reviews key exam topics — from underwriting to options to analyzing risk
The fun and easy way to pass the Series 7 exam and get your license
Planning to take the Series 7? This plain-English guide is packed with tips and tricks for studying smart and improving your score. You'll see how to break down questions to understand what they're really asking and practice with two complete exams — one in the book and a different one on CD that emulates the electronic format of the actual test!

• Manage your study time wisely
• Know what to expect on exam day
• Understand the computerized format
• Answer specific question types
• Think like a financial advisor
• Avoid common exam traps

Introduction.

Part I: Gearing Up for the Series 7 Exam.

Chapter 1: So You Want to Sell Securities: Introducing the Series 7 Exam.

Chapter 2: Preparing for the Series 7 Exam.

Chapter 3: Examining Question Types and How to Master Them.

Chapter 4: Surviving Test Day.

Part II: Mastering Basic Security Investments.

Chapter 5: Underwriting Securities.

Chapter 6: Corporate Ownership: Equity Securities.

Chapter 7: Debt Securities: Corporate and U.S. Government Loans.

Chapter 8: Municipal Bonds: Local Government Securities.

Part III: Delving Deeper: Security Investments with a Twist.

Chapter 9: Borrowing Money and Securities: The Long and Short of Margin Accounts.

Chapter 10: Delivering Diversification with Packaged Securities.

Chapter 11: Working with Direct Participation Programs.

Chapter 12: Options: The Right to Buy or Sell at a Fixed Price.

Part IV: Playing Nicely: Serving Your Customers and Following the Rules.

Chapter 13: Doing a Little Market Research: Portfolio and Securities Analysis.

Chapter 14: Going to Market: Orders and Trades.

Chapter 15: Making Sure the IRS Gets Its Share.

Chapter 16: No Fooling Around: Rules and Regulations.

Part V: Putting Your Knowledge to Good Use: A Practice Exam.

Chapter 17: Bring It On: Practice Exam Part I.

Chapter 18: Answers and Explanations to Practice Exam Part I.

Chapter 19: Nothing but Net: Practice Exam Part II.

Chapter 20: Answers and Explanations toPractice Exam Part II.

Part VI: The Part of Tens.

Chapter 21: Ten Series 7 Exam Traps to Avoid.

Chapter 22: Ten Ways to Start Your Career Off Right.

Appendix: About the CD.

Index.