Open Exam Prep
Open Exam Prep is a podcast designed to help aspiring financial professionals master challenging certification exams. Created by Ran Chen, a financial advisor with credentials including EA, Series 6/63/65, and CFP®, it offers free, accessible study material. Each episode breaks down complex topics such as tax planning, estate strategies, retirement solutions, and investment principles into clear, digestible lessons. It is intended for listeners to study while commuting, working out, or during downtime. The podcast aims to guide learners one question, one topic, and one victory at a time.
Episodes
![[Series 66] 21, Diversification Correlation and Rebalancing](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)
[Series 66] 21, Diversification Correlation and Rebalancing
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How diversification reduces unsystematic risk without elimina
[Series 66] 20, Strategic vs Tactical Asset Allocation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• The core framework of strategic asset allocation as a long-te
[Series 66] 19, Time Horizons Liquidity and Life Events
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• How time horizons differ between a client's overall life stag
[Series 66] 18, Risk Tolerance vs Risk Capacity
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
* The fundamental psychological definition of risk tolerance an
[Series 66] 17, Building a Client Investment Profile
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
* How to collect both financial and non-financial data when bui
[Series 66] 16, Individuals Businesses Trusts and Estates
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Key tax and liability distinctions among sole proprietorships
[Series 66] 15, Options Structured Products and Digital Assets
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
* How options contracts function as derivative securities for h
[Series 66] 14, Annuities and Life Insurance Tradeoffs
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• Differences between fixed, variable, whole, universal, and te
[Series 66] 13, REITs Private Funds and Liquidity
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• How REITs qualify for pass-through tax treatment under federa
[Series 66] 12, ETFs UITs and Closed-End Funds
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• Distinctions between open-end funds, closed-end funds, and un
[Series 66] 11, Mutual Funds Share Classes and Fees
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• Differences between Class A, Class B, and Class C mutual fund
[Series 66] 10, Common Preferred and Convertible Stock
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• Characteristics and voting rights of common stock versus pref
[Series 66] 9, Credit Risk and Callable Bonds
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• How credit rating scales define investment-grade versus specu
[Series 66] 8, Bond Pricing Yields and Duration
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
* How inverse price-yield relationships impact bond valuation w
[Series 66] 7, Cash Equivalents and Deposit Protection
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• Key characteristics of cash equivalents such as Treasury bill
[Series 66] 6, Alpha Beta and the Sharpe Ratio
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How Beta measures systematic market risk relative to a benchm
[Series 66] 5, Mean Standard Deviation and Correlation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How arithmetic mean and expected return measure central tende
[Series 66] 4, Liquidity Leverage and Valuation Ratios
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• How current and quick ratios evaluate short-term corporate li
[Series 66] 3, Time Value of Money and Discounted Cash Flow
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• The core principles of Time Value of Money, including Present
[Series 66] 2, Reading Questions and Avoiding Distractors
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How to distinguish federal law under the Investment Advisers
[Series 66] 1, Your Study Plan After Series 7
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
* How the official NASAA Series 66 exam outline breaks down acr
Series 7 Exam Prep 100, Final Exam Strategy and Common Series 7 Traps
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How to strategically focus on Function 3, which accounts for
Series 7 Exam Prep 99, High-Yield Product Comparison Review
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The primary suitability case for common stock (growth) versus
Series 7 Exam Prep 98, Regulation and Prohibited Conduct Review
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How Regulation Best Interest (Reg BI) raises the standard of
Series 7 Exam Prep 97, Trading and Settlement Exam Traps
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The critical difference between a stop order, which guarantee
Series 7 Exam Prep 96, Communications and Disclosure Exam Traps
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- All communications must be fair, balanced, and disclose risks
Series 7 Exam Prep 95, Retirement and Rollover Recommendation Traps
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Why a rollover recommendation is a suitability determination
Series 7 Exam Prep 94, Suitability Drill for Packaged Products
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The suitability of mutual fund share classes (A vs. C) based
Series 7 Exam Prep 93, Suitability Drill for Equity and Debt Products
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Common stock is the top choice for aggressive growth and capi
Series 7 Exam Prep 92, Options Breakeven and Strategy Math Review
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- To calculate breakeven for calls (strike + premium) and puts
Series 7 Exam Prep 91, Options Indexes and Broad-Based Products
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Index options are cash-settled, meaning no underlying securit
Series 7 Exam Prep 90, Customer Account Restrictions and Free Riding
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Regulation T requires customers to pay for securities in a ca
Series 7 Exam Prep 89, Markups, Markdowns, and Commissions
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The critical distinction between a broker-dealer acting as an
Series 7 Exam Prep 88, Accrued Interest and Bond Settlement
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- That the buyer of a bond pays the accrued interest to the sel
Series 7 Exam Prep 87, Municipal Trading and Pricing
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Municipal serial bonds are typically quoted on a yield-to-mat
Series 7 Exam Prep 86, Investment Banking and Corporate Financing
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The critical distinction between a 'firm commitment' (underwr
Series 7 Exam Prep 85, Tender Offers, Mergers, and Corporate Actions
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A tender offer must remain open to shareholders for a minimum
Series 7 Exam Prep 84, Penny Stocks and Low-Priced Securities
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A penny stock is an unlisted (non-Nasdaq) security trading un
Series 7 Exam Prep 83, Customer Complaints and Account Documentation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A customer complaint must be in writing (e.g., email, text, l
Series 7 Exam Prep 82, Customer Recommendations by Life Stage
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Why young accumulators with long time horizons should focus o
Series 7 Exam Prep 81, Taxation of Investments
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The different tax treatments for ordinary income, qualified d
Series 7 Exam Prep 80, Diversification, Correlation, and Asset Allocation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Why owning many stocks in the same sector isn't true diversif
Series 7 Exam Prep 79, Portfolio Risk and Return
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Systematic risk is undiversifiable market-wide risk, while un
Series 7 Exam Prep 78, Interest Rates and Yield Curves
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A normal yield curve signals economic expansion, with long-te
Series 7 Exam Prep 77, Federal Reserve and Monetary Policy
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The three primary tools the Federal Reserve uses to implement
Series 7 Exam Prep 76, Economic Indicators and Business Cycles
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A recession is defined as two consecutive quarters of negativ
Series 7 Exam Prep 75, Municipal Securities Rules and MSRB
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The MSRB creates rules for the municipal securities market bu
Series 7 Exam Prep 74, Investment Company Act and Investment Advisers Act
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The required composition of a mutual fund's board of director
Series 7 Exam Prep 73, Securities Exchange Act of 1934
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The core distinction between the Securities Act of 1933 (new
Series 7 Exam Prep 72, Securities Act of 1933
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The Securities Act of 1933 governs the primary market, requir
Series 7 Exam Prep 71, FINRA, SEC, MSRB, and Regulatory Bodies
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The SEC is the ultimate federal authority overseeing all secu
Series 7 Exam Prep 70, Insider Trading and Market Manipulation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Material nonpublic information is information a reasonable in
Series 7 Exam Prep 69, Prohibited Activities and Sales Practice Violations
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Churning involves excessive trading to generate commissions,
Series 7 Exam Prep 68, Senior Investors and Financial Exploitation
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The role and requirements of a Trusted Contact Person under F
Series 7 Exam Prep 67, Anti-Money Laundering and Suspicious Activity
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The four essential pillars of a broker-dealer's Anti-Money La
Series 7 Exam Prep 66, Research Reports and Quiet Periods
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The quiet period for IPOs is 10 days for all participants, wh
Series 7 Exam Prep 65, Communications with the Public
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The key differences between correspondence, retail, and insti
Series 7 Exam Prep 64, Customer Protection and SIPC
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How SEC Rule 15c3-3 requires broker-dealers to segregate full
Series 7 Exam Prep 63, Market Makers, Specialists, and Trading Venues
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The primary function of market makers as liquidity providers
Series 7 Exam Prep 62, Primary and Secondary Markets
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The primary market is where new securities are created and so
Series 7 Exam Prep 61, ACATS and Account Transfers
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The roles of the carrying and receiving firms in an ACATS tra
Series 7 Exam Prep 60, Customer Confirmations and Account Statements
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Trade confirmations must be sent at or before the settlement
Series 7 Exam Prep 59, Settlement, Ex-Dividend, and Due Bills
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Regular-way settlement for most securities is now T+1 (trade
Series 7 Exam Prep 58, Short Sales and Regulation SHO
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The core mechanics of a short sale, including the concept of
Series 7 Exam Prep 57, Order Handling and Best Execution
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- That best execution is the best overall outcome for a custome
Series 7 Exam Prep 56, Order Types
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Market orders guarantee execution, while limit orders guarant
Series 7 Exam Prep 55, Portfolio Margin and Special Margin Risks
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The concept of portfolio margin and how it differs from stand
Series 7 Exam Prep 54, Short Margin Calculations
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The fundamental short margin account formula: Credit Balance
Series 7 Exam Prep 53, Long Margin Calculations
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The fundamental long margin formula: LMV - Debit = Equity.
-
Series 7 Exam Prep 52, Margin Account Fundamentals
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The core formula for long margin accounts: Long Market Value
Series 7 Exam Prep 51, Options Taxation and Exercise
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- That exercising an option is not an immediate taxable event;
Series 7 Exam Prep 50, Options Disclosure and Account Approval
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The Options Disclosure Document (ODD) must be delivered to a
Series 7 Exam Prep 49, Options Hedging and Income Strategies
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A covered call is used to generate income on a long stock pos
Series 7 Exam Prep 48, Straddles and Combinations
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A long straddle (buying a call and a put) is for investors ex
Series 7 Exam Prep 47, Options Spreads
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- How to identify a spread as a debit or credit and its implica
Series 7 Exam Prep 46, Covered Calls and Protective Puts
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A covered call is an income strategy where you sell a call ag
Series 7 Exam Prep 45, Short Calls and Short Puts
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- Selling an option creates an obligation to either sell stock
Series 7 Exam Prep 44, Long Calls and Long Puts
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A long call is a bullish strategy with unlimited maximum gain
Series 7 Exam Prep 43, Options Contract Basics
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- A call option gives the buyer the right to buy a stock, while
Series 7 Exam Prep 42, Variable Life and Insurance Products
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- That in variable insurance products, the policyholder bears t
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English with Olivia | Slow Conversations & Vocabulary
Stand In The Circle
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پلی لیست | PlayList
Conspiracy Files with Paige Carter
Bad Friends
Learn 50 English Phrases While You Sleep | Everyday English Phrases & Vocabulary
