Preparing to Pass the FINRA Series 63

Become a security worker can take a lot of time, patience and classes in order to become qualified. Part of qualifying for the position is to pass the FINRA series 63, also known as the Uniform Securities Agent State Law Examination. This exam will test your knowledge and understanding of state laws and regulations. It is 60 questions plus 5 upgraded questions, and it is taken all in one session with multiple choice questions. You need a score of 72 percent, or 43 correct, in order to pass. You can find a good comprehensive series 63 exam study guide to help you prepare for the exam beforehand.

Structure of Exam

There are a total of 4 different sections that are covered in the examination. The first one is regulations of persons, including agents, investment advisers and their representatives and brokers. The next section covered is regulation of securities and issuers. The third is remedies and administrative provisions and the last is ethical practices and obligations. There are study guides available for purchase online that will help you study all of these sections, and you can find help forums or see advisors for any questions that you don’t understand.

Why Study

Going into an exam such as the FINRA series 63 without preparing is not recommended. Although you may understand the basic principles that are covered in the exam, some of the questions are designed to make sure you have a deeper understanding than just the textbook answers to these questions. Therefore, you will want to make sure that you are familiar with all of the concepts, laws and ethics inside and out, allowing you to think critically under pressure. That is why getting the study guide is recommended to help you prepare for the exam.

Getting Additional Help

If you have any questions about the exam or what is covered under it, there are plenty of places that you can go for additional assistance. Your fellow security agents should be able to help you understand anything that you have questions about, or you can go online to ask other people if you do not have someone to talk to in person.

To become a certified security agent, the FINRA series 63 examination is required. If you are ready to take the test for certification, find information on how to apply to take the exam and then find a series 63 study guide that works for you so that you can prepare well in advance. This will help you take an important step in your career.



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