Series 7: 12.5.1. Over-Allotted Issues: Greenshoe Option

Taken from our Series 7 Online Guide

12.5.1. Over-Allotted Issues: Greenshoe Option

When demand for shares is high, an underwriter may sell more shares than will be issued at the public offering. This practice is known as over-allotment and is a way for the underwriter both to have some control over the price of the security in the after-market (after the primary offering has taken place) and to make ad

+ Read More

More Series 7 Info

What are people saying?

Create an Account

Since you're reading about Series 7: 12.5.1. Over-Allotted Issues: Greenshoe Option, you might also be interested in:

Series 14 - 2.4.1. Filling Out an Order Ticket

Series 66 - 3.1.2.2. Balanced Funds

Series 82 - Written Supervisory Procedures

Series 65 - Trading Authorization

Series 24 - FOCUS Reports, Annual Audits, and Customer Statements

Series 24 - 3.11.6.3.2. Bond Mutual Fund Volatility Ratings

Series 79 - Credit Risk

SIE - Breakpoint Sales

Series 24 - 3.2.2. Joint Accounts

Series 53 - Reporting of Variable-Rate Security Underwritings

Series 53 - Office of Municipal Supervisory Jurisdiction (OMSJ)

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I studied for the Series 7, 79, and 82 with Solomon Exam Prep, and I never scored lower than a 90% on the actual exam! The Study Guides are easy to understand, and the Online Exam Simulator really prepares you. I just purchased the Series 24 Essential Package today!

Michael McGregor, Focus Bankers, Charlotte, NC

At Phillips & Co., my job was to hire entry level applicants who could successfully pass the Series 65 and Series 7 examinations in three months and do it the FIRST TIME. After trying Kaplan/Dearborn, STC, and even the Series 7 for Dummies, 85% of our applicants were still having a hard time passing.

One day while expressing my frustration to a colleague, he recommended I look up First Books' Exam Prep. I could tell immediately that this was a unique approach worth the investment. Since we implemented Exam Prep with new recruits our pass rate shot up to well over 90%.

If you or your employees want to pass your exam the first time without falling asleep while studying, I highly recommend you give their training program a try!

Kary Youman, Phillips & Co. Portland, Oregon

Thank you Solomon! I was able to pass the SIE, 7, 63 and 24 in a relatively short time period. The practice exams with answers really helped and when I had a question for The Professor, I always received a quick and accurate response. Solomon is definitely the way to go.

Seth Schader, CCO, Mercer Island, WA

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!

Briana Turner, Cambridge Investment Research. Virginia Beach, VA

Solomon exam prep materials are the best! I have passed the SIE, Series 7, and Series 66 in less than 12 months using their materials. Their products are fantastic! The practice exams are excellent, and the probability calculator is spot on. I followed the provided customized study plan and took practice exams (over 20 lol) until my probability calculator was in the green (indicating a higher probability of passing) and the rest is history. There are no shortcuts. You must put in the work and stay disciplined, but the Solomon program WORKS and I would HIGHLY RECOMMEND them to anyone looking for amazing, comprehensive study materials to prepare for industry examinations.

Brandon Collins, Benchmark. Memphis, TN

Just passed my Series 7 using Solomon Exam Prep! Have used Solomon for my Series 79 as well. Both study programs are excellent and felt well prepared sitting for my exams. Would recommend to others in the industry.

Natasha Trilli, Ocean Park. Houston, TX