What Is the Series 4? The Series 4 is an exam and securities license entitling the holder to supervise options sales personnel and compliance issues. It covers topics such as options strategies, foreign exchange options and taxation. Before taking the Series 4 Exam, a candidate must have a Series 7 license. Key Takeaways The Series
What Is the Series 51 Exam? The Series 51 is a financial exam for professionals wishing to sell municipal fund securities or oversee the sale of such securities. The exam’s full name is the Municipal Fund Securities Limited Principal Qualification Examination, and it is jointly overseen by two financial regulators: the Financial Industry Regulatory Authority
What Is Series 52? The Series 52 is a professional license and certification that qualifies a financial professional to transact municipal securities. It is known as the Municipal Securities Representative Qualification Examination. The exam consists of 75 scored questions. Candidates are given two hours and 30 minutes to complete the exam. The passing score is
What Is the Series 53 Exam? The Series 53 exam is a licensing test that permits an individual to supervise the municipal securities activities of a securities firm or bank dealer. The Series 53 exam is administered by the Financial Industry Regulatory Authority (FINRA) and is one of many Municipal Securities Rulemaking Board (MSRB) exams.
What Is Series 57? Series 57, also known as the Securities Trader Representative Exam, is an examination administered by the Financial Industry Regulatory Authority (FINRA). Passing the Series 57 exam is a requirement for those who wish to become professional traders of either equities or convertible debt securities. Key Takeaways The Series 57 exam is
What Is the Series 6? The Series 6 is a securities license entitling the holder to register as a company’s representative and sell certain types of mutual funds, variable securities, and insurance. Holders of the Series 6 license are not authorized to sell corporate or municipal securities, direct participation programs, and options. With a Series
What Is the Series 63? The Series 63 is a securities exam and license entitling the holder to solicit orders for any type of security in a particular state. To obtain a Series 63 license, the applicant must pass an exam and possess knowledge of ethical practices and fiduciary obligations. Key Takeaways Applicants to the
What Is the Series 65? Designed by the North American Securities Administrators Association (NASAA) and administered by the Financial Industry Regulatory Authority (FINRA), the Series 65 is an exam and securities license required for individuals to act as investment advisers in the US. The Series 65 exam, known formally as the Uniform Investment Adviser Law
What Is the Series 66? Series 66 — the NASAA Uniform Combined State Law Examination — is an exam and license that is meant to qualify individuals as investment advisor representatives (IARs) or securities agents. The Series 66 covers topics relevant to providing investment advice and effecting securities transactions for clients. Once licensed, IARs can
The Series 7 exam licenses the holder to sell all types of securities products except commodities and futures. Known formally as the General Securities Representative Qualification Examination, the Series 7 exam and its licensing is administered by the Financial Industry Regulatory Authority (FINRA). Stockbrokers in the United States need to pass the Series 7 exam
