Series 65: Unauthorized Principal Transactions

Taken from our Series 65 Online Guide

Unauthorized Principal Transactions

While broker-dealers regularly sell their customers securities from their own inventory of securities (known as acting as a “principal”), it is far less common for an investment adviser to do the same thing. Since an investment adviser is not registered as a “dealer,” and recommending the purchase of securities out of his own inventory presents a conflict of interest, an investment adviser who engages in principal transactions must do t

+ Read More

More Series 65 Info

What are people saying?

Create an Account

Since you're reading about Series 65: Unauthorized Principal Transactions, you might also be interested in:

SIE - 3.1.3.3. Additional Fees

Series 24 - IPO Reporting Requirements

Series 24 - Liquid Assets

Series 79 - Setting Up the Data Room

Series 26 - Management Companies: Open-End Funds

Series 63 - Disclosure

Series 6 - 4.2.10. Zero Coupon Bonds

Series 66 - Laddering

Series 79 - Non-Institutional Customers

Series 7 - 14.7.2 Trade Confirmations

Series 24 - Rules for Delivery of Stocks

Series 53 - Refunding Bonds

Series 52 - Exercise

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed the test [the Series 65] with flying colors. Your study material, particularly the book and the online exams were the difference maker. Other individuals in my firm used exam prep courses from other companies and unfortunately did not pass the exam. I am confident in saying that these materials were the difference maker. Thank you for creating such a great product. Everyone in my firm will use your simulators going forward.

Chris T. Chambers, Senior Partner, My Harvest Field, Inc., Clearwater, FL

I just passed the Series 65 exam – thanks, Jeremy! Your excellent and enjoyable book and challenging practice exams-and-quizzes were my only resources. This exam kicked my butt, but I was able to accomplish the only essential task – simply "to pass" – because of the thoroughness (and the plain English and occasional humor) of these two essential test prep materials. Here's my warning -- don't underestimate the difficulty of this exam! I highly recommend that fellow Series 65'ers keep taking the practice exams and quizzes until they can comfortably get a score of 80+ before scheduling their exam; you need to go into the exam room with the confidence that this crucial simulated test-taking experience will provide. I'm so grateful for your help!

Jeff Hartnett, Portland, OR

My third exam passed with Solomon, first the Series 6 and the Series 63, this time the Series 65 - just passed today! Highly recommend for any exam prep you need! Thank you again guys!

Brad Eiden, Nationwide Advisory, Louisville, KY

Awesome customer service and material. Will definitely be a returning customer

Michael, MM Financial Planning. New York, NY

I passed the 63 and 65 the practice questions are much more difficult than the actual exam. I would recommend this program to anyone who needs to be challenged and wants to pass the first time out.

David Lewis, Northwestern Mutual, New York, NY

The material and website were very well organized and thorough. I felt I was prepared for the actual, real test when I took it because I had gone through their range of questions with all the practice tests that I could do on their website, covering every topic, approached with different angles.

Stacey Sperry, Durham, NC