EPISODE · Apr 10, 2026 · 3 MIN
[Series 65] 17, Cash Equivalents and Money Market Instruments
from Open Exam Prep
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
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[Series 65] 17, Cash Equivalents and Money Market Instruments
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