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🟦 What Happens If You Fail the Series 63 Exam?

Failing the Series 63 exam—the Uniform Securities Agent State Law Exam—can be disappointing, but it doesn’t mean the end of your journey. The Series 63 exam is required for individuals who wish to work as securities agents in the U.S., and a passing score is essential to obtaining a state securities license.

Here’s what you need to know if you fail the Series 63 exam:

📝 Series 63 Exam Overview

• Total Questions: 60 multiple-choice questions
• Passing Score: 43 out of 60 correct answers
• Duration: 75 minutes
• Format: Multiple choice

🚫 What Happens After Failing?

1. Wait Period: If you fail the Series 63 exam, you must wait at least 30 days before attempting to retake it. This waiting period is in place to allow you time to review and improve your knowledge of the material.
2. Limit on Retakes: You can take the exam up to three times per year. After the third failed attempt, you will need to wait 180 days before being eligible to retake the exam.
3. Review Your Mistakes: After failing the exam, take the opportunity to review your performance. Understanding where you went wrong will help you focus your study efforts more effectively for the next attempt.

📚 Preparing for Your Retake

If you fail, it’s essential to take the following steps:

• Review Study Materials: Go over the areas where you scored poorly. Focus on understanding the laws and regulations, ethics, and customer suitability, as these are core components of the exam.
• Take Practice Exams: Taking additional practice exams can help you get comfortable with the question format and improve your time management.
• Use Different Resources: Consider different study materials like online courses, study guides, or flashcards to reinforce your knowledge.

💡 Stay Positive

Failing the Series 63 exam is not uncommon, and many people pass on their second or third attempt. With targeted studying, practice, and review, you’ll improve your chances of passing on the next try.

🎓 Ready to pass the Series 63 on your next attempt?
Prepare with expert-led digital courses and practice exams at 👉 FINRA Exam Mastery. Start studying today and give yourself the best chance to succeed!