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[SOLVED] What Is The Passing Score For Series 63?

If you hold a Series 6 licence, you’re called a limited representative, and you are entitled to sell mutual funds, variable annuities, and insurance premiums in Colorado, Florida, Louisiana, Maryland, Ohio, the District of Columbia, and Puerto Rico 😉 If you’ve earned the Series 7 licence, you’re called a registered representative, and you’re permitted to sell corporate stocks and bonds, municipal bonds, mutual funds, variable annuities, options, direct participation programme partnerships, and collateralized mortgage obligations in the same states as Series 6 😁 For all other states, you cannot sell any of these assets until you earn your Series 63 licence, along with the Series 6, Series 7, or both 👍 [1]
The North American Securities Administrators Association’s (NASAA) has the Series 63 and 65 exams. The other exams you’ve passed, like the Series 6, Series 7, and Series 79, are FINRA exams. The Series 63 is administered by FINRA through the Prometric Center. However, it differs significantly from the other qualifications exams. You’ll notice that the language of the questions is much more legalistic and that different terms are used to describe key roles and concepts. For example, you won’t see the term “registered rep” in the Series 63. Instead, a representative of a broker-dealer is called an “agent.” And did you know a state, a corporation, or another entity could be a “person”? You’ll also need to learn legal exemptions and exceptions that differ slightly by each situation and can be very confusing. [2]
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To better represent the knowledge and skills required of investment advisor representatives, we modified the Series 65 exam specifications. To make things more clear, some content was merged and/or renamed. To better address topics such asset-backed securities as well as resale limitations, private funds and valuation methods, as well as content about types of securities (fixed income securities, equity security vehicles, pooled investor vehicles and derivatives), the site has been updated. The new specifications emphasize the differences between different investment types, such as pooled investments vehicles. A section about alternative investments was updated to reflect the changes in market. The emphasis on broker-dealer regulation and registration was reduced. Furthermore, we added new areas to emphasise the importance of communication and advertising, such as social media, cybersecurity and data protection; custodial obligations and anti-money laundering. Many thanks to Sarit Hilton, who pointed this out to us. [3]
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Researchers at securitiesce.com Please send us additional details. Which is the most effective way to study for the Series 63 Exam? The question comes up all the time. Although everyone learns differently there are certain steps you must follow in order to pass Series 63. To pass the Series 63 exam, it is essential that you read the Series 63 manual. It is essential that you read the Series 63 textbook. read the book Fully and thoroughly. Take notes, highlight key points and read the entire book. Take as many Series 63 questions practice tests as possible after you have finished reading the text. This Series 63 prep software was created to assist you in mastering the application of that knowledge. This article will give you additional information on how to pass Series 63. Sophia W., Fuzhou Fujian in China (April 1, 2021). [4]
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Refer to the Article

  1. https://www.kaplanfinancial.com/resources/career-advancement/frequently-asked-questions-about-the-series-63-exam
  2. https://knopman.com/blog/2019/07/16/how-to-pass-finra-series-63-exam-first-time/
  3. https://www.nasaa.org/exam-change-announcement/
  4. https://securitiesce.com/series-63/passing-the-series-63-exam/
Mehreen Alberts

Written by Mehreen Alberts

I'm a creative writer who has found the love of writing once more. I've been writing since I was five years old and it's what I want to do for the rest of my life. From topics that are close to my heart to everything else imaginable!

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