Exam Details:
The FINRA Series 6 Exam is a qualification examination that is administered by the Financial Industry Regulatory Authority (FINRA) for individuals who wish to sell investment company securities and variable contracts products. The exam is designed to measure the knowledge, skills, and competencies of candidates in the areas of investment fundamentals, securities, and regulations.
The exam consists of 50 multiple-choice questions and candidates have 1 hour and 30 minutes to complete it. The exam costs $40 to take, and a passing score is 70%. The exam is delivered via computer-based testing and candidates can register to take the exam at any Prometric testing center.
Exam Objectives:
The Series 6 Exam covers a range of topics that are relevant to individuals who wish to sell investment company securities and variable contracts products. The exam objectives include:
- Regulatory fundamentals and business development
- Investment features and risks
- Retirement plans and annuities
- Taxation
- Types of securities products
- Investment company securities and variable contracts products
Candidates should be familiar with these topics and should be able to demonstrate their knowledge and understanding of them on the exam.
Related Books:
There are a number of books and study materials that candidates can use to prepare for the Series 6 Exam. Some of the most popular options include:
- Pass the 6: A Training Guide for the FINRA Series 6 Exam by Robert Walker
- Series 6 Exam Secrets Study Guide: Series 6 Test Review for the Investment Company Products/Variable Contracts Limited Representative Qualification Exam by Series 6 Exam Secrets Test Prep Team
- The Kaplan Financial Education Series 6 Securities License Exam Manual by Kaplan Financial Education
- Series 6 Exam Practice Questions: Series 6 Practice Tests & Review for the Investment Company Products/Variable Contracts Limited Representative Qualification Exam by Series 6 Exam Secrets Test Prep Team
These materials provide candidates with a comprehensive overview of the exam topics, practice questions, and test-taking strategies that can help them prepare for the exam and pass it on their first attempt. Candidates should review these materials carefully and use them to supplement their own study efforts.
In conclusion, passing the FINRA Series 6 Exam requires a strong understanding of investment fundamentals, securities, and regulations. Candidates should take the time to review the exam objectives, study the relevant materials, and practice with sample questions in order to improve their chances of passing the exam and obtaining their Series 6 certification.