Is Series 63 Enough to Work in Securities?

🧾 Is Series 63 Enough to Work in Securities?

The Series 63 license — officially the Uniform Securities Agent State Law Exam — is necessary, but not sufficient on its own to work in most securities roles. It is a state-level license that focuses on ethical practices and state securities regulations, but it does not authorize you to sell investment products by itself.

Let’s break down what the Series 63 does and does not allow you to do.

✅ What the Series 63 License Allows You to Do

• Comply with state securities laws to legally transact business
• Work as a registered representative in conjunction with a product-based license (like Series 6 or 7)
• Meet regulatory requirements to conduct business across state lines
• Understand and apply rules related to fraud, fiduciary duties, and ethical practices

📌 Almost every U.S. state requires Series 63 to operate legally as a securities agent.

❌ What Series 63 Alone Does Not Allow

You cannot:

• Sell stocks, bonds, mutual funds, or options
• Provide investment advice for compensation
• Act as a broker-dealer representative or financial adviser
• Manage client portfolios
• Trade securities in client accounts

To engage in these activities, you’ll need both:

• Series 63 (state-level registration)
• Product license such as:
  • Series 6 – Mutual funds, variable annuities
  • Series 7 – General securities
  • Series 65 or 66 – Investment advisory roles

🧠 Think of Series 63 as a Regulatory Add-On

Series 63 is not a standalone qualification. It’s the legal requirement that works in tandem with your core FINRA license to enable you to:

• Open accounts
• Take trade orders
• Execute transactions within a state’s regulatory framework

🎯 Who Needs Series 63?

• Registered representatives at broker-dealers
• Financial professionals working across multiple states
• Candidates preparing for Series 6 or 7 careers
• Any individual selling securities to the public

🚀 Build a Complete Licensing Path

If you’re entering the securities industry, Series 63 is just one piece of the puzzle.

👉 For step-by-step licensing guidance, expert-led prep, and full Series 6, 7, and 63 training, visit finra-exam-mastery.com — your resource for exam success and regulatory readiness.