Series 50: Step-down CDs

Taken from our Series 50 - MSRB Municipal Advisor Representative Qualification Exam

Definition of the term Step-down CDs...

CDs that start the investor out at a higher interest rate than a traditional CD and then, after a specified initial period, drop down to a predetermined lower interest rate, which they pay until the maturity of the CD.

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I had the Series 50 study guide memorized backwards and forwards, but still found the exam to be extremely difficult. I think the study guide still needs a lot of refining to cover more of the exam content, but I sure as heck wouldn't have passed the exam without it. Found the Solomon study guide to be absolutely necessary, but still in need of considerable improvement.

Delaney Ridgley, Raftelis. Charlotte, NC

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Lori Volz, Baker Tilly, Minneapolis, MN

I used the exam prep guide and online tests to study for the Series 50 exam. I relied completely on these study helps to prepare for the exam, which I passed!

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I prepared for the Series 50 (Municipal Advisor) exam using your materials and was extremely satisfied. Having the materials in multiple written and audio formats provided a lot of flexibility in where and when I could study. The scope of the Series 50 exam is so broad that even very experienced individuals would benefit by this type of preparatory course. I highly recommend this product.

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