📘 Latest Updates to the Series 66 Exam Structure (Effective June 12, 2023) The Series 66 Exam, officially known as the Uniform Combined State Law Examination, underwent significant updates effective June 12, 2023, as announced by the North American Securities Administrators Association (NASAA). These changes aim to better reflect the evolving financial landscape and the […]
📚 Key Regulatory Terms for FINRA Exams Essential Vocabulary You Must Know to Pass Mastering regulatory terminology is crucial for success on all FINRA exams, including Series 6, 7, 24, 63, 65, and 66. Understanding these terms not only helps answer direct vocabulary questions but also helps you navigate complex scenarios. Here’s a focused list […]
Key Differences Between Series 6 and Series 7 – ChartPublished on finra-exam-mastery.com 📊 Series 6 vs. Series 7: Side-by-Side Comparison Feature Series 6 Series 7 Official Name Investment Company and Variable Contracts Products Representative Exam General Securities Representative Exam Scope of Products Limited: Mutual funds, variable annuities, variable life insurance, unit investment trusts (UITs), 529 […]
⚖️ Key Differences Between Federal and State Regulators When studying for licensing exams like Series 63, 65, or 66, it’s critical to understand the distinct roles and jurisdictional boundaries between federal regulators (like the SEC) and state regulators (acting under NASAA guidelines). These two layers of regulation often overlap but serve different primary functions in […]
🎓 Kaplan vs STC: Which FINRA Prep Is Better? Choosing the right exam prep provider can make all the difference when preparing for your FINRA licensing exams like Series 6, Series 7, Series 63, Series 65, or Series 66. Two of the most trusted names in the industry are Kaplan Financial Education and Securities Training […]
💼 Jobs That Require the Series 63 License The Series 63 license — officially known as the Uniform Securities Agent State Law Examination — is essential for anyone who wants to sell securities and work with clients across U.S. states. While it’s often paired with other licenses like Series 6 or Series 7, the Series […]
📚 Why FINRA Requires Continuing Education The financial industry is fast-moving, complex, and constantly evolving. To maintain high standards of professionalism and protect investors, FINRA (Financial Industry Regulatory Authority) requires all registered representatives and principals to participate in Continuing Education (CE). But why is this ongoing training so critical—and what does it actually involve? 🔄 […]
🏛️ Who Reports to the SEC? Regulatory Hierarchy Explained In the U.S. financial system, the Securities and Exchange Commission (SEC) plays a central role in maintaining fair and efficient markets. But who exactly reports to the SEC, and how does the regulatory hierarchy work? Let’s break it down step by step. 📌 What Is the […]
🟦 Who Needs the Series 7 License? The Series 7 license, formally known as the General Securities Representative Qualification Examination, is one of the most sought-after licenses in the financial services industry. It’s essential for professionals who wish to trade a broad range of securities and provide investment advice to clients in the United States. […]
Who Needs the Series 65 License?🧠 Understanding the Role of the Series 65The Series 65 license—also known as the Uniform Investment Adviser Law Examination—is required for professionals who want to act as investment adviser representatives (IARs). Unlike other securities licenses, Series 65 is not tied to selling securities but rather to offering investment advice for […]