Series 51: LGIP Operations And Fees

Taken from our Series 51 Online Guide

LGIP Operations and Fees

Whatever the investment strategy, LGIPs typically maintain a minimum level of liquidity to allow participants to redeem their shares and withdraw funds when necessary. Participants may redeem their shares at any time, although there may be short waiting periods. Many municipalities and state agencies expect money to be available for withdrawals for payrolls or other operating expenses.

LGIPs often allow pa

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I am still so giddy that I passed my Series 7 on 1/31. I truly cannot believe it. I took the 7 three times in 2019 utilizing Kaplan study materials and didn't feel good going into the tests any of the times. So shockingly I failed all three times by a lot. My highest score was a 68%. I used Solomon for my 51 in September (passed on the first try) so I thought I could try it for my 7 even though it is the hardest securities test I have taken. I felt so good going into the testing center and I passed!!! I am so grateful to have found your materials. They have been incredibly helpful and I am able to understand all the material covered in the books. I still am in shock that I passed. Now off to the 24!

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