Uniform Securities State Law Examination
Last Update September 18, 2024
Total Questions : 251
Our Uniform Securities State Law Series-63 exam questions and answers cover all the topics of the latest Uniform Securities State Law Examination exam, See the topics listed below. We also provide FINRA Series-63 exam dumps with accurate exam content to help you prepare for the exam quickly and easily. Additionally, we offer a range of FINRA Series-63 resources to help you understand the topics covered in the exam, such as Uniform Securities State Law video tutorials, Series-63 study guides, and Series-63 practice exams. With these resources, you can develop a better understanding of the topics covered in the exam and be better prepared for success.
| Exam Name | Uniform Securities State Law Examination |
| Exam Code | Series-63 |
| Actual Exam Duration | The duration of the FINRA Series-63 Exam is 75 minutes. |
| What exam is all about | The FINRA Series-63 exam is a securities licensing exam that is designed to test the knowledge and understanding of state securities laws and regulations. It is a requirement for individuals who wish to become registered representatives or agents of broker-dealers in the United States. The exam covers topics such as registration requirements, ethical and fiduciary responsibilities, prohibited practices, and securities products. Passing the Series-63 exam is a prerequisite for obtaining a license to sell securities in many states. |
| Passing Score required | The passing score required in the FINRA Series-63 exam is 72%. This means that a candidate must correctly answer at least 43 out of the 60 questions in the exam to pass. The exam is designed to test the candidate's knowledge of state securities laws and regulations, and passing it is a requirement for individuals who wish to become registered representatives in the securities industry. Candidates are allowed 75 minutes to complete the exam, and the results are typically available immediately after the exam is completed. |
| Competency Level required | I can provide you with the information that the FINRA Series-63 Exam is designed to test the competency level of individuals who want to become securities agents. The exam covers topics such as state securities regulations, ethical practices, and fiduciary responsibilities. To pass the exam, candidates must demonstrate a high level of knowledge and understanding of these topics. Therefore, a high level of competency is required to pass the FINRA Series-63 Exam. |
| Questions Format | The FINRA Series-63 exam consists of 65 multiple-choice questions, with 60 of them being scored and 5 being unscored. The exam questions are designed to test the candidate's knowledge of state securities laws and regulations, including registration requirements, ethical practices, and prohibited activities. The questions are presented in a straightforward format, with each question followed by four possible answers. The candidate must select the best answer from the options provided. The exam is timed, and candidates have 75 minutes to complete it. |
| Delivery of Exam | The FINRA Series-63 exam is a computer-based exam that consists of 65 multiple-choice questions. The exam is designed to test the candidate's knowledge of state securities laws and regulations. The exam has a time limit of 1 hour and 15 minutes, and a passing score of 72% is required to pass the exam. The exam is administered by FINRA-authorized testing centers. |
| Language offered | The FINRA Series-63 exam is offered in English language. |
| Cost of exam | According to the official FINRA website, the registration fee for the Series 63 exam is $135. This fee is subject to change, so it's best to check the FINRA website for the most up-to-date pricing information. Additionally, some states may charge an additional fee for administering the exam. |
| Target Audience | The FINRA Series-63 exam is designed for individuals who want to become registered securities agents in their respective states. The target audience for this exam includes: 1. Individuals who want to work as securities agents in their respective states. 2. Individuals who want to sell securities products to clients in their respective states. 3. Individuals who want to work for broker-dealers, investment advisers, or other financial institutions that are registered in their respective states. 4. Individuals who want to comply with state securities laws and regulations. 5. Individuals who want to enhance their knowledge and skills in the securities industry. 6. Individuals who want to advance their careers in the securities industry. |
| Average Salary in Market | The average salary for a financial services professional with a Series 63 license is around $70,000 per year. However, this can vary depending on factors such as location, experience, and job role. |
| Testing Provider | You can visit the FINRA website or contact a FINRA-authorized testing center to schedule and take the exam. |
| Recommended Experience | The FINRA Series-63 exam is designed for individuals who want to become securities agents. The exam covers state securities laws and regulations, and it is recommended that candidates have a basic understanding of securities and investment products, as well as experience in the securities industry. Candidates should also have a good understanding of the regulatory environment and the role of securities regulators. It is recommended that candidates have at least one year of experience in the securities industry before taking the exam. Additionally, candidates should have a strong understanding of the legal and ethical responsibilities of securities agents, as well as the principles of customer protection and fair dealing. Overall, candidates should have a solid foundation in securities and investment products, as well as a good understanding of the regulatory environment and the responsibilities of securities agents. |
| Prerequisite | The prerequisite for the FINRA Series-63 exam is that the candidate must have passed the FINRA Series-6 or Series-7 exam. Additionally, the candidate must be associated with a FINRA member firm to be eligible to take the exam. |
| Retirement (If Applicable) | there is no official announcement regarding the retirement date of the FINRA Series-63 exam. It is still a required exam for individuals who want to become registered representatives in certain states. It is recommended to check the FINRA website or contact them directly for the latest information on the exam. |
| Certification Track (RoadMap): | The certification track or roadmap for the FINRA Series-63 exam is a set of steps or milestones that individuals must follow to become certified to work as a securities agent in the United States. The Series-63 exam is a state-level exam that tests an individual's knowledge of state securities laws and regulations. The certification track typically involves the following steps: 1. Meet the eligibility requirements: To take the Series-63 exam, individuals must be associated with a FINRA member firm and have passed the FINRA Series-6 or Series-7 exams. 2. Study for the exam: Individuals must study the state securities laws and regulations that are covered on the Series-63 exam. 3. Register for the exam: Individuals must register for the Series-63 exam through FINRA's website. 4. Take the exam: Individuals must take the Series-63 exam at a designated testing center. 5. Pass the exam: Individuals must pass the Series-63 exam with a score of at least 72%. 6. Maintain certification: Individuals must maintain their Series-63 certification by completing continuing education requirements and renewing their registration with FINRA. |
| Take Self-Assessment | Use FINRA Series-63 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure |
TESTED 19 Sep 2024
