STUDY FOR THE SERIES 66 EXAM

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, su...