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[Series 65] 17, Cash Equivalents and Money Market Instruments
Published 1 week, 6 days ago
Description
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 features of Treasury Bills, including their risk-free nature and issuance at a discount.
- The characteristics of commercial paper, such as its 270-day maximum maturity for SEC exemption.
- The role of Negotiable CDs as tradable, interest-bearing bank deposits.
- How Banker's Acceptances facilitate international trade through a bank's guarantee.
- The function of Repurchase Agreements as collateralized short-term loans.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep