Series 7: 3.3.3.1.1. Clearinghouse Registration

Taken from our Series 7 Online Guide

3.3.3.1.1. Clearinghouse Registration

Most municipal bonds today are issued in book-entry form at a registered clearinghouse, without the benefit of a physical certificate. Bonds are registered and cleared through a registered clearinghouse, such as the Depository Trust Company (DTC). A clearinghouse may also be called a clearing agency. Instead of a bond certificate, investors receive a written confirmation of the transaction from their brokers. Registration of a new issu

+ Read More

More Series 7 Info

What are people saying?

Create an Account

Since you're reading about Series 7: 3.3.3.1.1. Clearinghouse Registration, you might also be interested in:

Series 52 - 5.2.4. Debt Service Coverage Ratio

Series 7 - 11.1. Communications with the Public

Series 65 - Exercise

Series 22 - 3.2.1. Types of Equipment Leasing Programs

Series 65 - 8.6. The Uniform Securities Act

Series 28 - Aggregate Indebtedness

Series 24 - 5.12.1.2. Close-Outs of Sales of Threshold Securities

Series 6 - 7.4.1.3. Cash Flow Statement

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I have taken and passed the SIE, Series 7, and Series 66 using this amazing Solomon study program. Each time, I felt prepared for the exam and confident in my answers. Solomon's study structure and varying mediums of study make it interactive and easy to learn.. It's an amazing deal for the tools received. I would highly recommend this program!

Abbigayle Hanoch, LPL Financial. Ventura, NM

I found encouragement along the way from reading other people's testimonials, so payback is to write one of my own. Solomon is the gold standard for customer service. I passed the 66, SIE first tries -- received a 69% on the 7 (failed), but passed on the 2nd attempt. I'm in awe over the outreach I received from day 1 but especially from Jeremy on how to move forward after falling short on the Series 7 - followed his advice - one of which was to get the accompanying videos and passed. Watching/studying the Chapter 5 video had a big impact. I also printed the questions I got wrong that I particularly struggled with while taking the online exams, printed and/or turned them into flashcards, then taped many of them around the house. It forced me to constantly revisit the information and moved me past a superficial understanding. I'll take a messy-looking home for a short time than having to retake a 3 hour and 45 minute exam.

Brook Langston, Everspire. Salt Lake City, UT

Thank you so much for your great study materials! I have used you to pass my Series 6, 63 and most recently my Series 7 all on the first try. The practice exams and video lectures were great and extremely helpful. Will definitely be using your study material for any future exams and will recommend you to other people

Louis Orsatti, NY LIFE Securities, Boston, MA

After a lengthy absence from the securities industry, I again needed to get licensed. With the great help of Solomon, I did the SIE, Series 7, Series 63, and Series 82, in just over 5 months. The materials are comprehensive and I would recommend reading it all at least twice. Have realistic goals and meet them. Don't take too many days off as the quicker you learn the material the less likely your are to forget the initial stuff. I found the "Ask the Professor" feature to be particularly helpful (and responsive!). I hope I don't need further exams any time soon but, if I do, I will use Solomon.

Shawn Sullivan Charlestowne Securities Darien, CT

Solomon exam prep materials are the best! I have passed the SIE, Series 7, and Series 66 in less than 12 months using their materials. Their products are fantastic! The practice exams are excellent, and the probability calculator is spot on. I followed the provided customized study plan and took practice exams (over 20 lol) until my probability calculator was in the green (indicating a higher probability of passing) and the rest is history. There are no shortcuts. You must put in the work and stay disciplined, but the Solomon program WORKS and I would HIGHLY RECOMMEND them to anyone looking for amazing, comprehensive study materials to prepare for industry examinations.

Brandon Collins, Benchmark. Memphis, TN

I would not have passed the Series 7 top off without the Solomon materials. The structure of the questions was the closest out of all the programs I tried and their customer support is top notch. I will definitely be back! Thank you!!

Lauren J, Westlake, TX