Get Your Securities License: The Common Stock Cycle for the SIE Test

Are you studying for your Securities or Investment license, either the SIE (Securities Industry Essentials), Series 6 or Series 7. This Exam Prep video explains the concepts of the Common Stock Cycle, including Authorized Stock, Issued Stock, Treasury Stock and Outstanding Stock. We also cover what is a Security, and some details of Common Stock. Be sure to watch the entire video, and please stick around until the end for a practice question. Understanding these concepts could help you pass your FINRA licensing test so you can sell investments or Mutual Funds. This will help you get your license! 00:00 Intro 00:32 What is a Security? 04:18 The Common Stock Cycle 04:39 Authorized Stock 06:12 Issued Stock 07:04 Treasury Stock 07:47 Outstanding Stock 10:12 Recap 10:56 Common Stock Details 15:19 Calculate the Number of Outstanding Shares 16:14 Reasons To Buy Stock Back 16:59 Practice Question 17:32 Wrap Up and Thank You