What is the FINRA series 6 and Series 7 exam?
The Financial Industry Regulatory Authority (FINRA) offers a variety of licenses that must be obtained by passing examinations before investment advisors can conduct business. Two of the most popular are the Series 6 and Series 7 multiple-choice exams.
What is the difference between Series 6 and Series 7 exams?
Of the two tests, the Series 7 is longer and requires a higher passing grade—as befits a more comprehensive exam. The Series 6 exam—officially, the Investment Company and Variable Contracts Products Representative Qualification Examination—is a multiple-choice test with 50 items.
What are series exams and how do they work?
What Are Series Exams? The Series exams are a group of exams run by the Financial Industry Regulatory Authority (FINRA). Different exams are required / desirable for different financial roles, i.e: Series 55 – Equity Trading
What are the different types of FINRA exams?
1 Securities Industry Essentials Exam (SIE) 2 FINRA Representative-level Exams 3 FINRA Principal-level Exams 4 Municipal Securities Rulemaking Body (MSRB) Exams 5 National Futures Association (NFA) Exams