Series 51 - Municipal Fund Securities
Anyone who manages, directs or supervises activities in municipal fund securities (Section 529 Plans) must be licensed as either a Series 51 Limited Principal or Series 53 Municipal Securities Principal.
The Series 51 was developed for broker-dealers who do not deal in traditional municipal securities and thus do not have a Series 53 licensed principal. These broker-dealers are FINRA/NASD members that either have Series 24 or Series 26 licensed principals. These individuals can "tack on" a limited municipal principal license to supervise the sale of Section 529 plans by becoming Series 51 principals.
The Series 51 exam consists of 60 questions to be completed in 90 minutes. The PassPerfect Series 51 course is divided into the following chapters:
- Municipal Fund Securities
- Sales Supervision
- Underwriting and Disclosure Obligations
- Fair Practice Rules
Following the text are 5 simulated Series 51 Finals (60 questions each) with complete explanations.
(Over 150 pages, with over 300 simulated examination questions)
Designed to complement our Self Study Books, the Series 51 Exam Databank is a convenient and effective method of testing a student's overall comprehension of the material. Using Databank software prepares the candidate for the actual test by presenting practice questions of similar complexity to that of the real exam.
The program consists of 6 Final Exams drawn from the major topics found on the actual exam. Each question has a detailed explanation that not only explains which answer is correct, but also explains why the other answers are wrong for the more complex concepts.
And is available in the following versions:
On-line - can be downloaded on up to 3 PC's (not apple/mac compatible)
Web-Based - direct sign on into website from any device, is apple/mac compatible.
CD-Rom - System requirements:
3MB of hard disk space
Windows XP, Vista, 7or 8
Self Study Books
Series 51 Exam Databank