Series 66 Candidate Handbook Updated
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
The Series 66 Candidate Handbook—officially titled the Series 66 Exam Study Guide—has been updated by the North American Securities Administrators Association (NASAA) to reflect recent regulatory changes. This comprehensive guide is essential for candidates preparing for the Series 66 exam, which qualifies individuals as both securities agents and investment adviser representatives.nasaa.org
📘 Key Features of the Updated Series 66 Study Guide
- Exam Structure: The exam consists of 110 multiple-choice questions, of which 100 are scored and 10 are unscored pretest questions. Candidates have 150 minutes to complete the exam. A passing score requires correctly answering at least 73 of the 100 scored questions .Investopedia+3nasaa.org+3FINRA+3
- Content Areas:
- Economic Factors and Business Information: 8% of the exam
- Investment Vehicle Characteristics: 17%
- Client/Customer Investment Recommendations and Strategies: 30%
- Laws, Regulations, and Guidelines Including Prohibition on Unethical Business Practices: 45%
- Regulatory Updates: The guide incorporates recent changes, including updates to the SEC’s Investment Adviser Marketing Rule and provisions from the Secure Act 2.0 .nasaa.org+1nasaa.org+1
- Testing Requirements: While there is no prerequisite for the Series 66 exam, candidates must also pass the FINRA Series 7 exam to register as investment adviser representatives .nasaa.org
📥 Access the Official Study Guide
You can download the most recent version of the Series 66 Exam Study Guide directly from NASAA’s website:
👉 Download the Series 66 Exam Study Guide (PDF)
🧠 Additional Resources
For a more in-depth understanding of the exam structure and content, you may also refer to the Series 66 Exam Content Outline provided by NASAA.
Staying informed about the latest updates and thoroughly reviewing the official study materials will enhance your preparedness for the Series 66 exam.