What do summer associates work on in securities?

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Anonymous User
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What do summer associates work on in securities?

Postby Anonymous User » Thu May 12, 2011 1:32 am

I am rotating through Securities, but have not taken Sec Reg, so I am kind of scared. Any input or advice?

Also, what upper div classes apply to Securities besides Sec Reg? Does Sales/Secured Transactions? (I took this course.) If not, how can I prepare for the rotation?
Last edited by Anonymous User on Thu May 12, 2011 1:36 am, edited 1 time in total.

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PKSebben
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Re: What do summer associates work on in securities?

Postby PKSebben » Thu May 12, 2011 1:36 am

Anonymous User wrote:I am rotating through Securities, but have not taken Sec Reg, so I am kind of scared. Any input or advice?


Here's your day-to-day: Doc review. Research the Securities Act. Doc Review. Research the Securities Exchange Act. Doc Review. Research Sarbanes–Oxley Act. Enjoy!

Anonymous User
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Re: What do summer associates work on in securities?

Postby Anonymous User » Thu May 12, 2011 1:37 am

PKSebben wrote:
Anonymous User wrote:I am rotating through Securities, but have not taken Sec Reg, so I am kind of scared. Any input or advice?


Here's your day-to-day: Doc review. Research the Securities Act. Doc Review. Research the Securities Exchange Act. Doc Review. Research Sarbanes–Oxley Act. Enjoy!


So nothing too different from general corporate work then; and apparently, I don't have to know anything beforehand either??

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PKSebben
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Re: What do summer associates work on in securities?

Postby PKSebben » Thu May 12, 2011 1:41 am

Anonymous User wrote:
PKSebben wrote:
Anonymous User wrote:I am rotating through Securities, but have not taken Sec Reg, so I am kind of scared. Any input or advice?


Here's your day-to-day: Doc review. Research the Securities Act. Doc Review. Research the Securities Exchange Act. Doc Review. Research Sarbanes–Oxley Act. Enjoy!


So nothing too different from general corporate work then; and apparently, I don't have to know anything beforehand either??


It might be helpful to just know the terminology of bonds / stocks / derivatives and stuff like that. If you've had any finance background you should be fine. Maybe read "The big short" just to get an idea about the current shadow banking system?

Anonymous User
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Re: What do summer associates work on in securities?

Postby Anonymous User » Thu May 12, 2011 1:44 am

PKSebben wrote:
Anonymous User wrote:
PKSebben wrote:
Anonymous User wrote:I am rotating through Securities, but have not taken Sec Reg, so I am kind of scared. Any input or advice?


Here's your day-to-day: Doc review. Research the Securities Act. Doc Review. Research the Securities Exchange Act. Doc Review. Research Sarbanes–Oxley Act. Enjoy!


So nothing too different from general corporate work then; and apparently, I don't have to know anything beforehand either??


It might be helpful to just know the terminology of bonds / stocks / derivatives and stuff like that. If you've had any finance background you should be fine. Maybe read "The big short" just to get an idea about the current shadow banking system?


Don't really have a finance background, although I have taken accounting/bankruptcy/secured transactions/corporations/tax, but I swear we didn't learn much about stocks/bonds in those classes. I guess I'll wiki the terminology? Are there any short books on finance that I can read?

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PKSebben
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Re: What do summer associates work on in securities?

Postby PKSebben » Thu May 12, 2011 1:48 am

Anonymous User wrote:Don't really have a finance background, although I have taken accounting/bankruptcy/secured transactions/corporations/tax, but I swear we didn't learn much about stocks/bonds in those classes. I guess I'll wiki the terminology? Are there any short books on finance that I can read?


shit dude, you have 95% of what you need. Just poke around Investopedia and you're set.

Anonymous User
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Re: What do summer associates work on in securities?

Postby Anonymous User » Thu May 12, 2011 1:51 am

PKSebben wrote:
Anonymous User wrote:Don't really have a finance background, although I have taken accounting/bankruptcy/secured transactions/corporations/tax, but I swear we didn't learn much about stocks/bonds in those classes. I guess I'll wiki the terminology? Are there any short books on finance that I can read?


shit dude, you have 95% of what you need. Just poke around Investopedia and you're set.


I sure hope so. It's kind of sad considering the classes I have taken, but at this point I still think a derivative is something you do in calculus....I guess I'll just surf Investopedia for awhile.

Anonymous User
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Re: What do summer associates work on in securities?

Postby Anonymous User » Wed Jun 01, 2011 10:01 am

I'm just curious, for those of you who have taken secured transactions and payment systems, how did you go about preparing for the exam? Any study tips, or study aids/supplements particularly helpful?

Thanks

Renzo
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Re: What do summer associates work on in securities?

Postby Renzo » Wed Jun 01, 2011 10:19 pm

Anonymous User wrote:What do summer associates work on in securities?


I spent about 16 hours comparing two documents to make sure that the definitions of the terms included were the same in both.


Corporate/finance work is awesome :roll:

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traehekat
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Re: What do summer associates work on in securities?

Postby traehekat » Wed Jun 01, 2011 11:45 pm

Renzo wrote:
Anonymous User wrote:What do summer associates work on in securities?


I spent about 16 hours comparing two documents to make sure that the definitions of the terms included were the same in both.


Corporate/finance work is awesome :roll:


this is the dream

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TTH
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Re: What do summer associates work on in securities?

Postby TTH » Thu Jun 02, 2011 10:17 am

traehekat wrote:
Renzo wrote:
Anonymous User wrote:What do summer associates work on in securities?


I spent about 16 hours comparing two documents to make sure that the definitions of the terms included were the same in both.


Corporate/finance work is awesome :roll:


this is the dream


It's so prestigious!

But srsly, it might suck, but it seems like a low-fuss way to rack up billables.

NotMyRealName09
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Re: What do summer associates work on in securities?

Postby NotMyRealName09 » Thu Jun 02, 2011 9:51 pm

TTH wrote:
traehekat wrote:
Renzo wrote:
Anonymous User wrote:What do summer associates work on in securities?


I spent about 16 hours comparing two documents to make sure that the definitions of the terms included were the same in both.


Corporate/finance work is awesome :roll:


this is the dream


It's so prestigious!

But srsly, it might suck, but it seems like a low-fuss way to rack up billables.


You say that now.......

Renzo
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Joined: Tue Dec 02, 2008 3:23 am

Re: What do summer associates work on in securities?

Postby Renzo » Fri Jun 03, 2011 8:47 pm

TTH wrote:
traehekat wrote:
Renzo wrote:
Anonymous User wrote:What do summer associates work on in securities?


I spent about 16 hours comparing two documents to make sure that the definitions of the terms included were the same in both.


Corporate/finance work is awesome :roll:


this is the dream


It's so prestigious!

But srsly, it might suck, but it seems like a low-fuss way to rack up billables.


I'd rather be buried neck-deep in doc review. Litigation is the life for me.

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: What do summer associates work on in securities?

Postby Anonymous User » Sat Jun 04, 2011 11:49 pm

Anonymous User wrote:I'm just curious, for those of you who have taken secured transactions and payment systems, how did you go about preparing for the exam? Any study tips, or study aids/supplements particularly helpful?

Thanks


At my school secured transactions is NOT securities regulation. Secured transactions deals with the UCC. Securities regulations involves SEC regulations.




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