Series 82 Securities Exam – Limited Representative-Private Securities Offerings Qualification
The FINRA Series 82 Securities Exam (Limited Representative-Private Securities Offerings Qualification Exam) is used to qualify individuals to be a registered representative and effect sales of private securities offerings as part of a primary offering.
Accordingly, Series 82 representatives will not be permitted to engage in secondary market trading of private placement securities or to make sales of municipal or government securities, or equity interests in, or the debt of, direct participation programs (DPP securities).
No prerequisite | $95 test fee (Form U-4) | 2 1/2 hour time limit | The Series 82 Private Securities Offerings exam covers the following topics:
|Test Topics||Approximate Test Questions|
|Characteristics of Corporate Securities||13|
|Regulation of the Market for Registered and Unregistered Securities||45|
|Analyzing Corporate Securities and Investment Planning||16|
|Handling Customer Accounts and Industry Regulations||26|
Series 82 Limited Representative-Private Securities Offerings Qualification Exam Study Materials:
Series 82 – Exam Study Book
The 3-ring binder study program has 250 pages & is divided into the four categories of the exam. Within each category are quizzes emphasizing key points. Four 100-point Final Exams complete the program. Over 650 questions & all questions have detailed explanations!