Rights versus Warrants - Series 7 Exam Prep, SIE Exam & Series 65 Exam Prep too! - Series 7 Guru

[@Series7Guru]

Watch Equity Lecture Next kzbin.info/www/bejne/eZbSq62patqchrs

[@samanthagarland9286]

Hey Dean! Just wanted to say Thank you so much for all your great content on the SIE! I passed yesterday, on to the S7 next week! I had 3 questions on an “Introducing Broker-Dealer” no clue what that was. But regardless I passed. Again thank you so much for all your amazing videos I have been telling everyone in my firm that is studying to check out your stuff.

[@Series7Guru]

Kudos on your first testing victory! I do cover an introducing broker in the SIE playlist. An introducing broker introduces their customers to a clearing firm.

[@RoundtreeNation]

Dean, hope you realize your helping thousands reach their dreams! SIE PASSED! 6, 63, 65 next.

[@Series7Guru]

Kudos on your first test taking victory and your encouraging words.

[@playful2121]

Thank you so much for this. The BOA story you used as an example made it easy to understand the lesson.

[@Series7Guru]

Story help it stick. Remember the story to remember the test answer.

[@nothinspecial4612]

You are a champion for the baby brokers on their way in the securities industry

[@Series7Guru]

For sure. It is term of endearment. Everyone was a baby broker at one point in their caerer.

[@nysejo2422]

these short lessons are really helpful

[@Series7Guru]

Trying to mix it up.

[@JamesonSharp]

Excellent.

[@Series7Guru]

Thx

[@jacyxia9305]

Thank you so much for all the videos and explanation. Would you post more videos on Series 10 in the future? I’m taking the test in a month or so…thanks! :-)

[@Series7Guru]

Will do

[@yessicatorres5827]

Thank you Dean for this video. Quick question. How did you figure out you needed two rights?

[@Series7Guru]

Based how many shares will be issued. You will not have to deal with it on your test.

[@AminaPhilosophy]

5:45 I was wondering the same thing.😊 2M shares outstanding/1M additional shares issued= 2 subs to buy one share…per kaplan textbook pg 80. (For my notes)

[@santiagososa7514]

How would this playlist for the SIE. what video would you start with and what video would you end with?

[@Series7Guru]

The videos in the playlist are in suggested watch order

[@Jahnely]

I passed my series 7, however I'm still here watching the channel 🤓

[@Series7Guru]

Well thank you for sticking around.

[@Jahnely]

@@Series7Guru do you know if people can request a breakdown of the score?

[@Series7Guru]

@@Jahnely if you fail the report will include a score range on the four functions on the test.

[@wolfie8748]

Does fannie mae , freddie mac have prepayment risk?

[@Series7Guru]

Yes. If interest rates go down mortgages in the pool are more likely to be refinanced.

[@wolfie8748]

@@Series7Guru thank you!

[@wolfie8748]

@@Series7Guru I PASSED MY EXAMMMM

[@Series7Guru]

@@wolfie8748 KUDOS ON YOUR TESTING VICTORY!

[@wolfie8748]

@@Series7Guru thanks to you dean!

[@wolfie8748]

Whats the difference between pre refunding and advance refunding?

[@Series7Guru]

“pre-refunding” and “advance refunding” are synonyms that refer to setting aside funds from selling new bonds to pay off an old or existing bond issue its call date. There is no testable difference. The test question is know that the bonds that were pre refunded or advance refunded will not mature. They will be called once they pass the call protection period and must be quoted on a yield to call basis. Check out my muni lecture. You will find the discussion there.

[@wolfie8748]

@@Series7Guru thank you dean

[@pc9357]

Why does it take 2 rights to get 1 share

[@pc9357]

And why is it 2 + 1?

[@Series7Guru]

It is given information and the + 1 is because it is cum rights not ex rights.