The Securities Institute of America, Inc. has a 17 year track record for excellence in securities exam training. Jeffrey Van Blarcom author from The Securities Institute of America, Inc. helps thousands of securities and insurance professionals build successful careers in the financial services industry every year Learn more at : https://securitiesce.com

Wiley empowers learners, researchers, universities, and corporations to achieve their goals in an ever-changing world. For over 200 years, Wiley has been helping people and organizations develop the skills and knowledge they need to succeed. Wiley develops digital education, learning, assessment, and certification solutions to help universities, businesses, and individuals move between education and employment and achieve their ambitions. By partnering with learned societies, we support researchers to communicate discoveries that make a difference. Our online scientific, technical, medical, and scholarly journals, books, and other digital content build on a 200-year heritage of quality publishing.

Equity and Debt Securities

Introduction to Equity Securities 3

Why Do People Buy Stock? 15

Dividends, Rights, Warrants, and ADRs 25

Introduction to Debt Securities 41

Types of Corporate Bonds 53

Municipal Bonds 65

Government and Government Agency Issues 73

The Money Market 85

Economics, Corporate Fundamentals, Issuing, and Trading Securities

An Introduction to Economics and Corporate Fundamentals 95

Issuing and Offering Corporate Securities 119

The Underwriting Syndicate and Exempt Transactions 133

Issuing Municipal Securities 151

Trading Securities in the Secondary Market 171

The Role of Broker Dealers and Nasdaq 179

Options, Investment Companies, Variable Annuities, and Retirement Plans

Option Basics 201

Using Options to Hedge a Position and Exercising Options 217

Investment Companies and Mutual Funds 233

Mutual Fund Investment Objectives, Valuation, and Sales Charges 241

Variable Annuities 259

Individual and Corporate Retirement Plans 271

Customer Accounts, Client Recommendations, Professional Conduct, and Industry Regulations

Customer Accounts, UGMAs, Accounts for Employees of Broker Dealers, and Customer Privacy 291

Employee Conduct and Reportable Events 315

Customer Recommendations, Professional Conduct, and Taxation 327

Securities Industry Rules and Regulations 343

Registration of Agents and Continuing Education 351

Communications with the Public, Dispute Resolution, Insider Trading, SIPC, and AML 361

Answer Key 389

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.