The Series 63 exam covers definitions of securities transactions, fraudulent and prohibited activities, ethics, and registration roles. A Series 63 license allows professionals to sell in any state, provided the individual also has either a Series 6 or a Series 7 license. Many states (but not all) require this exam. An employee should not take the Series 63 exam until the Series 6 or Series 7 has been completed.
Consisting of 65 multiple choice questions to be completed in 75 minutes, the exam is based on a level of knowledge about the Uniform Securities Act and amendments adopted by the North American Securities Administrators Association (NASAA), which include rules on prohibited dishonest and unethical business practices.
Subjects covered on the Series 63 Exam include:
- Registration of persons and securities
- Business practices
- Administrative provisions and other remedies
- Additional test questions
Confidently pass with NRS FIRE
Backed by NRS FIRE’s exclusive “Green Light” plan, our Series 63 Exam Prep courses provide you with the knowledge, expertise and core fundamentals you need to confidently pass your exam. “Green Light” certificates are issued by completing 100% of the module quizzes and exams and averaging at least a minimum passing score on your first attempt. Students that achieve a Green Light pass their exams over 90% of the time.
Topics covered in this course include:
- The Uniform Securities Act
- Registration of Persons and Securities
- Investment Advisors
- The State Administrator and Federal Acts
To pass the Series 65 exam, candidates must achieve a score of 72% or higher.