STUDY FOR THE SERIES 66 EXAM

The Series 66 covers the subject of alternative investments. These include exchange-traded notes, (ETN's), leveraged funds, inverse funds, structured products, and viatical/life settlements. Before sitting for the Series 66 exam, Bob Eder advises applicants to study these alternative investments, including their characteristics, risks, and uses. Bob Eder's  Study for the Series 66 Exam  includes a full treatment of alternative investments, in its Chapter 6, "Alternative Investments," pages 65 to 83. Study for the Series 66 Exam  is available from Amazon in either paperback or Kindle e-book versions.  Here is a link to Bob Eder's book on Amazon . Here is a link to NASAA's Content Outline for the Series 66 exam.  See especially Section II (E) for the Series 66's inclusion of questions on alternative investments. Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001. He is a member of the

Going into the Series 66 exam, make sure you are familiar with prime bank investments. They are the subject of a popular scam, aimed especially at seniors and others with little investment experience. Here is what Bob Eder says in his book Study for the Series 65 Exam : 1.                "  Ther e i s n o suc h thin g a s "pri m e b a n k in v est m ents." I t i s a w e l l - k n o w n and w i d e - s p r e a d s c a m . D o a f av o r t o t h e i n v e s t i n g p u b l i c if ever someone offers you prime bank investments — r e p o r t th e s c he m e t o y ou r state’ s s e curitie s a d m inistrator. Fraudsters try to portray prime bank investments as a way for the little guy to participate in the huge earnings of money-center banks. But this portrayal is complete nonsense." Bob Eder's  Study for the Series 66 Exam  includes a full treatment of  ethical practices and prohibited scams, such as prime bank investments, in it