SERIES 51
Series 51 is an examination under the Financial Industry Regulatory Authority (FINRA) and supervised by the Municipal Securities Rulemaking Board (MSRB) for managers of broker/dealers who have already accomplished Series 24 or Series 26. Series 51 was made to challenge the knowledge of test takers regarding management of registered representatives that market municipal securities to customers with focus on Section 529 plans for college education. The exam is composed of 60 questions with a passing grade of 70%.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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