Our newsletter is published at the beginning of the month. Here are your headlines from the month of December.
 
 
 
 
 
Solomon Exam Prep Updates
 
 
 
 

"I must say that I owe a great part of my success to your study materials! Your system is amazing!"
- Monica Barbera
 
 
 
 
 

Question: 
John Johnson is interested in investing in municipal bonds, but wants to be sure he can convert his investment to cash quickly in case an unexpected expense comes up. Which of the following investments would allow John to return the investment to the issuer and receive money prior to maturity?

Answers:
A. Moral obligation bond
B. Revenue anticipation note
C. Zero-coupon bond
D. Variable-rate demand obligation

Correct Answer: D. Variable-rate demand obligation

Rationale: Variable-rate demand obligations (VRDOs) contain a put option, which gives investors the right to put the security back to the issuer at any time, at a price equal to the bond’s face value plus accrued interest. For example, assume that an investor has a VRDO with a face value of $1,000 and accrued interest of $30. The security will mature in a little under three months. Due to a pressing medical expense, the investor decides to return the VRDO to the issuer and receive the $1,030.

Congratulations Marty T., this month's Study Question of the Month winner!
 
 
 
 
 

Do you need to take the Series 51? In this two-day crash course, we'll use lots of examples and practice questions to teach you the ins and outs of LGIPs and 529 plans. Take a trip to beautiful Portland, Oregon and let us help you pass this surprisingly difficult exam.

 
 
 
 
 

Solomon Exam Prep is pleased to announce the release of a new Series 66 Video Lecture.  Updated for 2016, this 9.5 hour video lecture offers a complete overview of the NASAA Uniform Combined State Law Examination.

 
 
 
 
 

Solomon Exam Prep has been diligently preparing study materials for the Series 50 exam since the MSRB’s announcement of its new Municipal Advisor Representative Qualification Exam. An initial pilot exam will be taking place from January 15, 2016 - February 15, 2016. We are happy to announce that our Series 50 study materials are now available!
 
 
Buy Now
 
 
 
FINRA, NASAA & MSRB Updates
 
 
 
 
December 10, 2015

December 16, 2015

December 17, 2015

December 18, 2015

December 21, 2015

December 21, 2015

December 23, 2015

December 29, 2015

December 30, 2015

December 31, 2015
 
 
 
 
 
Other News
 
 
 
 
 
 
 
 
 
SEC Updates
 
 
 
 
December 7, 2015

December 10, 2015

December 11, 2015

December 11, 2015

December 11, 2015

December 11, 2015

December 15, 2015

December 15, 2015

December 18, 2015

December 22, 2015

December 28, 2015

December 28, 2015

December 28, 2015
 
 
 
 
 
Solomon Exam Prep
6750 SW Franklin Street, Suite A
Portland, OR 97223
(503) 601-0212
info@solomonexamprep.com
Office Hours: Monday - Friday: 8:00 AM to 4:30 PM (Pacific Time)
 
 
        
Footer-logo