Series 51 DATABANK Practice Exams is a convenient and effective method of testing a student's overall comprehension of the material. Using DATABANK Practice Exams software prepares the candidate for the actual test by presenting practice questions of similar complexity to that of the real exam.
This fully illustrated book includes:
Anyone who manages, directs or supervises activities in municipal fund securities (Section 529 Plans) must be licensed as either a Series 51 Limited Principal or Series 53 Municipal Securities Principal.
The Series 51 was developed for broker-dealers who do not deal in traditional municipal securities and thus do not have a Series 53 licensed principal. These broker-dealers are FINRA members that either have Series 24 or Series 26 licensed principals. These individuals can "tack on" a limited municipal principal license to supervise the sale of Section 529 plans by becoming Series 51 principals.