New Requirements for Series 66 Exam Eligibility
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
As of April 2025, the eligibility requirements for the Series 66 exam remain consistent with previous standards. Here’s a comprehensive overview to guide your preparation:
✅ Series 66 Exam Eligibility Requirements (2025)
The Series 66, officially known as the Uniform Combined State Law Examination, is administered by the Financial Industry Regulatory Authority (FINRA) on behalf of the North American Securities Administrators Association (NASAA). This exam qualifies individuals as both securities agents and investment adviser representatives.FINRA+2Investopedia+2Ad Banker+2ironclad.law+3NASA A+3Ad Banker+3
Corequisites:
- Series 7 Exam: You must pass the Series 7 exam to be fully licensed. While there’s no specific order mandated, both exams must be successfully completed before applying for state registration. FINRA+8Ad Banker+8NASA A+8
Sponsorship:
- Series 66: No sponsorship is required. You can self-enroll through FINRA’s Test Enrollment Services System (TESS).
- Series 7: Sponsorship by a FINRA-member firm is mandatory. STC USA+1NASA A+1Ad Banker+2NASA A+2NASA A+2NASA A
Age Requirement:
- You must be at least 18 years old to take the Series 66 exam. STC USA
Exam Details:
- Format: 100 scored multiple-choice questions + 10 unscored pretest questions.
- Duration: 150 minutes.
- Passing Score: 73 out of 100 scored questions.
- Fee: $177. Kaplan Financial+4Ad Banker+4Investopedia+4NASA A+1FINRA+1NASA A+2Investopedia+2FINRA+2
Testing Accommodations:
- The exam is administered in person at Prometric test centers. Online testing is available only for candidates with approved accommodations due to medical or other qualifying conditions. FINRA+6Ad Banker+6NASA A+6
🔁 Retake Policy
If you do not pass the Series 66 exam:
- First & Second Attempts: A 30-day waiting period is required before retaking.
- Third Attempt and Beyond: A 180-day waiting period is enforced. NASA A+2Ad Banker+2NASA A+2NASA A+2passperfect.com+2Ad Banker+2
📌 Key Notes
- Holding a professional designation (e.g., CFP®, CFA®) does not waive the Series 66 requirement. Such designations may waive the Series 65 exam but not the Series 66.
- The Series 66 exam combines content from the Series 63 and 65 exams, excluding product and strategy questions covered in the Series 7. NASA AInvestopedia
📝 Next Steps
- Enroll for the Exam: If unsponsored, create an account and enroll via FINRA’s TESS portal.
- Schedule Your Exam: After enrollment, you’ll have a 120-day window to schedule and take the exam at a Prometric test center.
- Prepare Thoroughly: Utilize reputable study materials and consider practice exams to enhance your readiness.Ad Banker+4NASA A+4NASA A+4NASA A+2STC USA+2Ad Banker+2
For more detailed information and resources, visit the official FINRA Series 66 page.FINRA+4FINRA+4NASA A+4
If you need assistance with study plans, practice questions, or further guidance, feel free to ask!