Series 7 Stockbroker Nasd Exam (Arco Professional Certification and Licensing Examination Series)

Rating:
Summary: Meyers Series 7 Needs Update!
Review: While this book is thorough in its coverage of the Series 7 topics, some of the information in the book is so out of date it would appear that the book hasn't been significantly modified since its original publication in 1988.

For example, the financial statement section doesn't include Statement of Cash Flows, there is no mention of the difference in treatment of long and short term capital gains and finally, according to this book shorting against the box is still an accepted trading strategy for individuals!

Unfortunately, the text also contains several errors in the end of chapter exams. Sometimes given answers are not among the original choices or are simply incorrect. This problem is not pervasive, however, and does not materially impact the utility of the end of chapter exams.

This book may be a nice introduction to the topics covered in the Series 7 exam but I now find myself looking for a more current text to supplement my studies.