Series 79

AAA

DEFINITION of 'Series 79 '

A examination to ensure a candidate is qualified to become a Limited Representative - Investment Banker. The Series 79 exam is administered by the Financial Regulatory Authority (FINRA) and ensures those looking for positions in investment banking have adequate knowledge in mergers & acquisitions, buyouts, financial restructuring, public investment banking and refinancing. Those looking to write the exam must be sponsored by a FINRA member firm.

INVESTOPEDIA EXPLAINS 'Series 79 '

The Series 79 exam is intended for investment bankers whose skills are more specific than those provided by the broader Series 7 exam. New rules were enacted in 2009 to better prepare individuals specifically for investment banking activities or supervision of these activities.


The exam focuses on four different areas:
1. Collection, Analysis and Evaluation of Data
2. Underwriting/New Financing Transactions, Types of Offerings and Registration Of Securities
3. Merger and Acquisitions, Tender Offers and Financial Restructuring Transactions
4. General Securities Industry Regulations

These areas are deemed to be important for succeeding in a Limited Representative - Investment Banker role.

RELATED TERMS
  1. Investment Bank - IB

    A financial intermediary that performs a variety of services. ...
  2. Series 23

    An exam offered by the Financial Industry Regulatory Authority ...
  3. Series 63

    A securities license entitling the holder to solicit orders for ...
  4. Series 6

    A securities license entitling the holder to register as a limited ...
  5. Series 7

    A general securities registered representative license administered ...
  6. Investment Banker

    An individual who works in a financial institution that is in ...
RELATED FAQS
  1. How does investment banking differ from commercial banking?

    Investment banking and commercial banking are two primary segments of the banking industry. Investment banks facilitate the ... Read Full Answer >>
  2. What types of companies hire a chartered financial analyst (CFA)?

    The Chartered Financial Analyst, or CFA, program is a professional certification awarded by the CFA Institute. CFA candidates ... Read Full Answer >>
  3. What are the major categories of financial institutions and what are their primary ...

    In today's financial services marketplace, a financial institution exists to provide a wide variety of deposit, lending and ... Read Full Answer >>
  4. What's the difference between investment banks and commercial banks?

    Investment banking and commercial banking are two divisions of the banking industry that provide substantially different ... Read Full Answer >>
  5. What is the difference between an investment and a retail bank?

    The activities and types of clients for an investment bank versus those for a retail bank highlight the primary difference ... Read Full Answer >>
  6. Who facilitates buying and selling on the primary market?

    There are several important actors that facilitate buying and selling on the primary market, the home of initial public offerings ... Read Full Answer >>
Related Articles
  1. Insurance

    The Rise Of The Modern Investment Bank

    Get to know a little bit about the institutions whose actions help to guide free markets.
  2. Professionals

    Making It Big On Wall Street

    Read about some of the most glamorous Wall Street jobs and what it takes to land one.
  3. Professionals

    Wanna Be A Bigwig? Try Investment Banking

    A career in this high-stress field can be very rewarding for the right person. Find out if you have what it takes.
  4. Professionals

    A Look At Entry-Level Careers In Finance

    Learn more about the career options that are available to you after you've obtained your finance degree.
  5. Professionals

    Top States For Investment Bankers

    We look at cost of living, tax rates and opportunity to find the best places in the U.S. for investment bankers.
  6. Professionals

    Getting An Investment Bank Job During A Recession

    Even in a recession, investment banks are seeking new talent. Learn what will set you apart from the crowd!
  7. Trading Strategies

    IPO Flippers And The Companies Who Hate Them

    Learn how flipping activity affects an initial public offering.
  8. Brokers

    A Day in the Life of a Financial Advisor

    Financial advisors do a lot more than just manage portfolios, including prospecting, marketing, client servicing, compliance and administration.
  9. Credit & Loans

    What Does It Cost to Study Abroad in Paris?

    Housing will be your biggest budget challenge as a student in Paris, but the city offers lots of ways for students to save money, too.
  10. Savings

    Using Your 529 Savings to Study Abroad

    With studying abroad no longer cheap, families may find that a 529 plan college-savings account can fund educational travel. Tip: Read the fine print.

You May Also Like

Hot Definitions
  1. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
  2. Investopedia

    One of the best-known sources of financial information on the internet. Investopedia is a resource for investors, consumers ...
  3. Unfair Claims Practice

    The improper avoidance of a claim by an insurer or an attempt to reduce the size of the claim. By engaging in unfair claims ...
  4. Killer Bees

    An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive strategies to keep an ...
  5. Sin Tax

    A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. ...
  6. Grandfathered Activities

    Nonbank activities, some of which would normally not be permissible for bank holding companies and foreign banks in the United ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!