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For
Course Descriptions and Prices
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MUNICIPAL SECURITIES
The
Municipal Securities Representative qualification examination
is designed to measure a candidate's qualification and competency
to engage in the municipal securities business. The examination
includes questions not only on municipal securities and the municipal
markets but also on U.S. government, federal agency and the money
market instruments, government economic policy and behavior of
interest rates, and applicable federal securities laws and regulations.
The examination consists of 100 multiple choice questions. The
passing grade is 70%
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Topics |
Number
of Questions
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|
1.
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Municipal
securities |
55%
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|
2.
|
US
Government, federal agencies, and money market instruments |
7%
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|
3.
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Economic activity, government policy and the behavior of
interest rates |
13%
|
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4.
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Federal
legal considerations |
25%
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