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The collection sixty six is an exam and license it really is conjectural to qualify people as funding consultant representatives or securities brokers. The sequence sixty six, often known as the Uniform combined status legislation Examination, covers topics significant to featuring funding advice and effecting securities transactions for purchasers.realizing the collection 66
The sequence sixty six certification become developed by using the NASAA in line with requests from the trade. The examination is quicken via the pecuniary trade Regulatory Authority (FINRA), which is additionally liable for processing and disseminating test consequences. FINRA's sequence 7 examination is a co-requisite of the progression 66, which ability it has to subsist effectively achieved together with the progression sixty six before a candidate may too apply to register in a state.
There is no order wherein the collection 7 and sequence 66 ought to subsist taken. individuals who've passed the collection 7 can too seize the progression sixty six with a view to avoid having to seize the extra difficult progression 65 exam.Key Takeaways
The progression sixty six examination contents consist of one hundred diverse-alternative questions which are scored and 10 pretest questions that don't look to subsist scored. Candidates fill a highest time of a hundred and fifty minutes to complete the examination.
To attain a passing score, a candidate must appropriately reply 73 of the a hundred questions which are scored. The examination administrator provides electronic calculators for candidates to manufacture utilize of, and these are the simplest calculators allowed in the examination room. A dry-erase marker and whiteboard are offered.
Harsh penalties are imposed on any person caught deceitful or trying to cheat on the collection 66 examination.
No examine or reference substances of any profile are accredited in the examination room, and there are harsh penalties for any individual caught deceitful or making an attempt to cheat. someone's organization can register a candidate for the examination via submitting either a benign U4 or profile U-10 and paying the $165 examination fee. FINRA's collection sixty six Informational web page has further details.series 66 exam content
The NASAA updates counsel on the examination's content material and posts it online. As of March 2019, the exam questions are allotted as follows:
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