FINRA EXAMS and STUDY MATERIALS GUIDE

Series 3 National Commodity Futures Exam (& ForEx)

The National Futures Association (NFA) and the various domestic commodity futures exchanges require this exam for anyone who is going to act as an Associated Person, Commodity Trading Advisor, Commodity Pool Operator, Introducing Broker, or Futures Commission Merchant. The NFA is also requiring those who trade ForEx (foreign exchange) to pass the Series 3 exam.

Series 30 Branch Office Manager Futures

The Series 30 is required for those who act as a branch office manager for a commodity futures firm registered with the NFA. Individuals whose sponsor is a registered broker-dealer may, in lieu of the Series 30 exam, provide proof that they are qualified to act as a branch office manager or designated supervisor under the rules of the New York Stock Exchange or FINRA. The Series 3 exam is a prerequisite.

Series 34 Exam Retail Off-Exchange Forex Examination

The Series 34 exam is required for those individuals who work with retail customers in off-exchange forex business. The registrants, or “APs” (associated persons), will be referred to as “forex individuals” or “forex APs”.

The Series 63 exam is a test on Uniform Securities Agent State Laws.

Individual states generally require this test as a condition of registration as a registered representative. The Series 63 exam covers the Uniform Securities Act of 1956 with amendments adopted by NASAA. The Series 63 exam is intended to provide a basis for State Security Administrators to determine an applicant’s knowledge and understanding of state law and regulations. There is no prerequisite for this examination but there is an $115 test fee (test application Form U-10 or Form U-4 is required), a total 60 questions and a 75 minute time limit. Prep for your upcoming exam with our study products and software.

The Series 65 test covers such topics as Economic Analysis, Recommendations and Strategies, Vehicles and Ethics and Legal Guidelines.

The Series 65 test is required by states for individuals who wish to act as Investment Advisors. The Series 65 test is waived by some states Securities Administrator. Generally, if the applicant has the CERTIFIED FINANCIAL PLANNER™ Professional, the Chartered Financial Consultant, Accredited Personal Financial Specialist, Chartered Financial Analyst, the Chartered Investment Counselor, or other designations or items as ruled by the state administrator, the exam requirement is waived. To place an order for a study guide complete with questions for the Series 65 examination click the button below.

FINRA Registered principal exams consist of:

The Series 24Series 4, Series 23, Series 26, Series 27, Series 28, Series 30Series 51, Series 53, and Series 55 exams. Any person who wants a registration for managing or supervising representatives in investment banking, securities business, training, solicitation, as well as the general conduct of business operations is required by FINRA to sit for the Series 24 test General Securities Principal. It’s 3 1/2 hours long and has 150 questions. 70% of the total is passing. The prerequisite for sitting for the Series 24 test is having passed either the Series 7 (General Securities Registered Representative) exam or the Series #62 (Corporate Securities Limited Representative) exam.

The Series 7 exam is a New York Stock Exchange test,

accepted by FINRA, for anyone employed by a broker / dealer who will trade all types of securities. This is the most comprehensive of the registered representative exams. The Series 7 exam essentially covers the numbers 6, 22, 42, 52, and the 62 tests. For example, if you pass the series 7 exam, you do not need to sit for the number 6 to have a license to sell mutual funds, or the 22 to sell limited partnerships, etc. The Series 7 exam consists of two three-hour sessions of 125 questions each with a 6 hour time limit. For more information, click the button below.