Series 51: The Securities Act Of 1933

Taken from our Series 51 Online Guide

The Securities Act of 1933

The Securities Act of 1933 (also called the 1933 Act or the Paper Act) has two main purposes:

• To require that companies publicly disclose all relevant financial information about their securities prior to offering them for sale
• To prohibit fraud and deceit in the marketing of securities

The 1933 Act is often called the “Paper Act” because its main thrust is the disclosure of material information to investors. This disclosure

+ Read More

More Series 51 Info

What are people saying?

Create an Account

Since you're reading about Series 51: The Securities Act Of 1933, you might also be interested in:

Series 50 - Fiscal Policy

Series 7 - Chapter 1 Practice Question Answers

SIE - Chapter 10 Practice Questions

Series 50 - Forming the Syndicate

Series 79 - Distribution of Materials to Potential Investors

Series 66 - Issuer and Non-Issuer Transactions and Section 402(b) Exemptions

Series 22 - Responsibility for Accuracy of Issuer Disclosures

Series 24 - Other Types of Brokers

Series 7 - 6.1.7.3. Timing Mutual Fund Purchases

Series 24 - Form U4

Series 82 - 2.1.2.7. Discretionary Accounts

Series 66 - 1.1.1.3. Earnings Before Taxes

Series 24 - Rollovers vs. Transfers

Series 79 - Firewall Between the Research and Investment Banking Departments

Series 24 - Clearance and Settlement

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I just passed the S51 with an 86%. I want to express my sincere thanks to Solomon. I love the way you structure your practice exams. I always enjoy receiving speedy responses from Ask the Professor, especially from Karen. Karen, thank you for all your help, you are the best!!!!!!!

Margaret Chen, PFS Investment, Duluth, GA

I am still so giddy that I passed my Series 7 on 1/31. I truly cannot believe it. I took the 7 three times in 2019 utilizing Kaplan study materials and didn't feel good going into the tests any of the times. So shockingly I failed all three times by a lot. My highest score was a 68%. I used Solomon for my 51 in September (passed on the first try) so I thought I could try it for my 7 even though it is the hardest securities test I have taken. I felt so good going into the testing center and I passed!!! I am so grateful to have found your materials. They have been incredibly helpful and I am able to understand all the material covered in the books. I still am in shock that I passed. Now off to the 24!

Briana Turner, Cambridge Investment Research. Virginia Beach, VA

Solomon's materials were far superior to some of the competitors.

Michael

Thank you so much for the easy reading! I passed the 51 on my first attempt!!

Amber Carrick, Keystone Financial Management, Bath, PA

I just took and passed the Series 51 in one attempt. The Solomon materials were excellent. The Solomon simulated tests were very beneficial and were very similar to the actual 51 test. Thanks to Solomon I was well prepared to succeed. When I was taking the actual 51 exam, I did not encounter any surprises that I was not prepared for. Solomon seems to have it very well covered. My method for success? I read the book chapter by chapter, taking the chapter practice tests along the way. I saved the questions I missed for review later. I then went through the book a second time using the same method. After reviewing the questions I had missed on the smaller exams, I started taking the timed simulation for the test. Again, I reviewed the questions I got wrong, making sure I understood the reason for getting it wrong and what the right answer should be. I did this review of missed questions every time I took the simulated exam. I took the simulated exam five or six times, getting scores in the low 80s. This method prepared me to take the real test which I passed on my first attempt. I highly recommend both Solomon and this study method for taking the 51. Good luck all future test takers!!!!

Jason Smith, Primerica, Duluth, GA