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The collection sixty six is an exam and license it really is reputed to qualify people as funding consultant representatives or securities brokers. The sequence sixty six, often known as the Uniform combined state 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 dash via the pecuniary traffic Regulatory Authority (FINRA), which is additionally liable for processing and disseminating test consequences. FINRA's sequence 7 examination is a co-requisite of the sequence 66, which capacity it has to exist effectively achieved together with the sequence sixty six before a candidate may besides apply to register in a state.
There is no order wherein the collection 7 and sequence 66 ought to exist taken. individuals who've passed the collection 7 can besides hold the sequence sixty six with a view to avoid having to hold the extra difficult sequence 65 exam.Key Takeaways
The sequence sixty six examination contents consist of one hundred diverse-alternative questions which are scored and 10 pretest questions that don't appear to exist scored. Candidates maintain 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 acquire 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 mendacious 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 mendacious or making an attempt to cheat. someone's organization can register a candidate for the examination via submitting either a kind 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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