Bob Eder has thoroughly revised Study for the Series 65 Exam to reflect the new provisions of the Tax Cuts and Jobs Act of 2017. Included are discussions of the new corporate maximum tax rate of 21 percent, the new maximum personal income rate of 37 percent, and the ability to use 529 Plans to fund education expenses of Grades K through 12 in private schools. Other topics include alternative investments, asset-back securities, inverse and leveraged funds, "soft dollars," standard deviation calculations, rules on political contributions, and much more. Study for the Series 65 Exam is a study guide for those persons who plan to take the Series 65 exam, necessary to become registered as investment adviser representatives. Passing the exam is necessary for those who wish to take compensation for giving investment advice. Study for the Series 65 Exam includes both applicable rules and practice questions designed to test the reader's comprehension. What makes this book special is the insertion of practice questions throughout the text. Each question challenges the reader, and asks him/her to make an immediate decision on what was just read. Every question comes with an immediate answer and clear explanation of why the answer is correct or incorrect. The presence of the practice questions and immediate feedback embedded throughout Study for the Series 65 Exam gives the reader an important edge in comprehension and retention. Hello, I'm Bob Eder. I am constantly reviewing my Study for the Series 65 Exam to make sure that it provides readers and students with current securities law, regulations, and tax provisions.                                                                                                                - One of the most valuable features of Bob Eder's  Study for the Series 65 Exam  is that Bob Eder's both major paragraphs in the text and questions found in the two practice exams at the end of the text identify the specific reference numbers in  NASAA's Test Specifications   for a student's reference. Why is this feature valuable? Because it assures a student that both the text material and the question material are germane, important, and relevant to the Series 65 exam.                                                                 - If it is not covered by NASAA's Series 65 Test Specifications, then it is is not in Bob Eder's material and it is not in Bob Eder's practice questions.                                - If it is not on the Series 65 exam, then why study it? It would be a waste of valuable study time. However, if you read reviews on Amazon of other Series 65 study manuals and texts being offered, other than Bob Eder's, you will get the impression that some Series 65 texts and manuals throw in extraneous irrelevant questions taken mindlessly from the Series 7 and/or other FINRA exams. Why do they do this? Because the authors of these manuals have not taken the time or effort to carefully coordinate their material with  NASAA's Series 65 Test Specifications . So be careful if you decide to purchase a Series 65 text. Make sure that it does not contain extraneous or irrelevant materials for you to read and study. I try to keep Study for the Series 65 Exam up-to-date, as changes occur to the content of the Series 65 exam, and as Congress makes changes to the tax laws.  For example, Congress passed, and the President signed, the Tax Cuts and Jobs Act in December 2017.  - The act reduces the maximum corporate tax rate from 35 to 21 percent.  - It reduces maximum tax on ordinary income for individuals from 39.6 to 37 percent.  - As soon as the act was passed and became law, I revised pertinent sections of the book to reflect the new provisions. Completely updated to reflect the new changes of Regulation Best Interest and tax changes of the T ax Cuts and Jobs Act of December 2017. "Attending one of Bob Eder's securities classes years ago was an unforgettable experience . . . . Bob taught classes with thorough familiarity and unmatched enthusiasm for the subject. I know that thousands in the securities industry benefited from his knowledge . . . I most happily recommend this book for those thinking about becoming investment adviser representatives or for those who simply want to learn more."Roger M. Smedley, MBA, CFP,President, Smedley Financial Services, Inc. Bob Eder taught securities exam classes for many years. In the course of conducting classes, Bob developed innumerable friends in the securities industry. Former students of Bob Eder still stop him to say hello and reminisce about their classroom experiences.  Some years ago, Bob Eder became a student himself at the University of Utah Quinney College of Law. After graduating with a J.D. degree, Bob practiced law for several years. Today Bob Eder devotes his time to writing and editing study texts for the various securities industry exams.