Stc usa helps you to prepare for your series 66 exam. The exam actually has 110 questions, but 10 of these are. Feel like you are ready to take on the series 66 exam. The series 66 exam the nasaa uniform combined state law examination is a north american securities administrators association nasaa exam administered by finra. In order for a candidate to pass the series 66 exam, heshe must.
Securities licensing pass rates using kaplan financial education. The series 66 exam will be presented in a 100question multiplechoice format. The series 66 is a qualification exam for securities agents and investment adviser representatives. Kaplan financial education presents all our securities licensing pass rates and satisfaction ratings openly to give you the full picture. Before you proceed, try out our free series 66 sample exam practice questions first. Three attempts at the series 7 passed the third with a 78. How many people fail the series 63 exam every year. So if you have series 7, opt for the 66, its a little shorter. In order for a candidate to pass the series 66 exam, heshe must correctly answer at least 73 of the 100 scored questions. The series 66 is an exam and license that is meant to qualify individuals. My good csa for the last six years, was told by the firm this year she had to take and pass the series 7 and 66. October 1, 2018, marks the day that finra will begin to administer the newly revised qualification process where candidates will need to pass a securities industry essentials sie exam before taking a condensed version of the series 6 or series 7, known as topoff, or specialized knowledge exams ske. There are many choices available, but you definitely.
Successful completion of the series 66 exam is equivalent to successful completion of both the series 63. Series 65 and series 66 passing grade increased hedge. The examination tests candidates on knowledge, skills, and competencies related to providing investment advice and effecting securities transactions for clients. Candidates who pass both examinations are eligible to. Check out the experience and pass rates of vendors. The passing score for the series 66, however, has been modified to better reflect the weighting of the. The number of items on the series 66 remains unchanged. Securities exam changes in 2010 hedge fund law blog pingback. Candidates of the series 66 must score 73% on 100 questions in order to pass. Kaplans top priorities are the health and safety of employees, students, customers, and the community. Each candidate will have two and one half hours to complete the exam. So, the pass rate was quite poor, test difficult, and numerous complaints about how poor the study material was, didnt match up to the. The examination is taken after candidates have passed the finra series 7 exam. To obtain a passing score, a candidate must correctly answer 73 of the 100 questions that are scored.
They offer materials and strategies that consistently deliver the highest pass rates on wall street, and will be happy to help you find series 66 success. Other pass rates for the series 7, series 82 and the series 55 are 95%, 97. Securities licensing pass rates using kaplan financial. Theyve also recorded pass rates for the series 7 exam at 96% and 98% for the series 79. The series 66 satisfies series 65 and series 63 exam requirements, but series 7 registration is a corequisite for the series 66. You must score 73% on the 100 scored questions to pass. Candidates must correctly answer 73 out of 100 questions to receive a passing grade.
The pass rate for the exam isnt publicly available, but series 66 is generally considered to be difficult. The exam actually has 110 questions, but 10 of these are unscored these experimental questions are used to test out future test questions. Because the series 63 is a state exam, statistics vary, and there is no official pass or fail rate currently provided. You need to demonstrate your knowledge on a broad range of topics, including. Many people who are planning to take the exam first. Series 66 is an exam administered by the financial industry regulatory authority finra. The series 65 exam hedge fund law blog helena may 7, 2010 at 1.
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