Series-66 - Questions Answers PDF

Description

Uniform Combined State Law Series-66 Exam

Based on requests from the business, NASAA created the Uniform Combined State Law Examination. The exam, often known as the “Series 66,” is intended to certify applicants as representatives of investment advisers and securities agents. The exam covers subjects essential for carrying out securities transactions and advising clients on investments.

Finra Series 66 Exam Format

The test comprises 100 multiple-choice questions and ten pretest questions with 150 minutes time duration. The test is given in a closed-book format. Moreover, the candidate will get rapid access to the overall test score and the results for each portion of the exam after it is finished. The FINRA is in charge of administering the test. The examination costs $177 to take. A company must submit an electronic Form U4 to schedule a candidate for examination, or a person must start an enrollment window on FINRA.org and pay the required cost. However, you need to score 73% to pass the series 66 exam. 

Series 7 and Series 66 Exam

Investment advisor representatives must pass the Series 66 exam to get licensed (IARs). The Series 66 and Series 7 tests must be passed to qualify as IARs or securities agents. It is similar to passing the Series 66 test after the Series 63 and Series 65 tests. Before taking Series 66, Series 7 must be passed with flying colors. Moreover, the Series 66 exam is an option for those who have completed the Series 7 exam, saving them from taking the longer and perhaps more challenging Series 65 exam.

Series 66 Exam Content

• • Economic Factors and Business Information (5%)
  • Investment Vehicle Characteristics (20%)
  • Client/Customer Investment Recommendations and Strategies (30%)
• Laws, Regulations, and Guidelines, Including Prohibition on Unethical Business Practices (45%)

Benefits Of Series 66 Exam

Financial professionals who pass the Series 66 exam can work as IARs or securities agents with state-level jurisdiction. Financial professionals can lawfully function as wealth/asset managers or investment advisers with the Series 66 license. 

Our course will help you to pass this uniform combined state law exam on the first attempt. These exam dumps give a 100% success rate. However, its pdf and helping material are best for exam preparation. You can be certified easily after preparing for this course.