SERIES 6 EXAM ASKS QUESTIONS ON PROSPECTUS REQUIREMENTS

The Series 6 exam asks questions on an applicant's knowledge of the process for bringing new issues to market, This topic includes requirements to give copies of the new-issue prospectus to purchasers or prospective purchasers. It also includes knowledge of the preliminary prospectus and the timeliness of information.

The Series 6 exam tests applicants on their knowledge of providing a prospectus to persons purchasing mutual funds. Applicants must also have working knowledge of the process for bringing new issues to market, including the requirement to use due diligence and give full disclosure.

Applicants must be familiar with preliminary prospectuses, underwriting agreements, selling group agreements, and blue-sky laws regarding new issues.

The Series 6 exam tests applicants on their knowledge of the difference between prospectuses and official statements, the latter being used for new issues of municipal securities.

Make sure that you are familiar with these topics before you sit for the Series 6 exam. You can find these topics listed in FINRA's Content Outline for the Series 6 exam under paragraph 1.2.

Here is the link to FINRA's Content Outline for the Series 6.

Bob Eder's book is available from Amazon in both paperback and Kindle e-book versions. 

Here is the link to Bob Eder's book, Study for the Series 6 Exam, on Amazon.

Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law in 2001.