Can You Sell Mutual Funds with a Series 6 License?

📝 Can You Sell Mutual Funds with a Series 6 License?
📍 Posted on https://finra-exam-mastery.com

✅ Yes—you can sell mutual funds with a Series 6 license. The Series 6 license, officially called the Investment Company and Variable Contracts Products Representative license, authorizes you to sell a specific range of packaged securities products.

🏦 What Can You Sell with a Series 6?

• Mutual funds
• Variable annuities
• Variable life insurance policies
• Unit investment trusts (UITs)
• Municipal fund securities (e.g., 529 plans)

📌 These are investment company products, meaning you cannot sell individual stocks, bonds, or options with just a Series 6.

🚫 What You Cannot Sell

• Individual stocks and bonds
• Options contracts
• Direct participation programs (DPPs)
• Commodities and futures

For these products, you’d need a Series 7 license.

💡 Suitability and Compliance

Even with a Series 6, you must:

• Ensure suitability for each client based on their risk tolerance and investment objectives
• Comply with SEC and FINRA rules, especially regarding disclosures and ethical practices

📝 Example Scenario

A client wants to:

• Invest $25,000 in a growth mutual fund ✅
• Buy 100 shares of Apple stock ❌ (requires Series 7)
• Open a variable annuity for retirement ✅
• Trade SPY options ❌ (requires Series 7)

🎓 Ready to Pass Your Series 6?

Our Series 6 Exam Mastery Course provides:

✅ Full lessons on mutual funds and investment company products
✅ Realistic practice exams
✅ Quick-reference cheat sheets
✅ Lifetime access and updates

👉 Start today at https://finra-exam-mastery.com

📘 Finra Exam Mastery – Helping you pass, license up, and succeed in your investment career.