📘 Is Series 63 Required if You Have Series 66? No, if you have the Series 66 license, you do not need to take the Series 63 exam. Here’s why: Why Series 66 Covers Series 63: The Series 66 exam is a combination of Series 63 (Uniform Securities Agent State Law Exam) and Series 65 […]
✅ Is Sponsorship Required for the Series 24 Exam? Yes, sponsorship is required to take the Series 24 – General Securities Principal Exam. You must be associated with and sponsored by a FINRA member firm or another applicable self-regulatory organization (SRO). This sponsorship involves the firm filing a Form U4 (Uniform Application for Securities Industry […]
💼 IRAs (Traditional, Roth, SEP) – Series 7 Exam What You Need to Know About Individual Retirement Accounts The Series 7 exam tests your understanding of different types of Individual Retirement Accounts (IRAs)—how they function, how they’re taxed, and which investors benefit from each. Here’s a breakdown of Traditional, Roth, and SEP IRAs, tailored for […]
🍎 Is Food Allowed During the Exam? No, food is not allowed in the testing room during FINRA exams, including the Series 6, 7, 63, 65, 66, and 24 exams. These exams are administered under strict testing protocols at Prometric testing centers, and the rules are designed to ensure fairness, security, and minimal distraction. 🚫 […]
⏱️ Impact of Study Time on Series 65 Scores The Series 65 exam — required for individuals who wish to become Investment Adviser Representatives (IARs) — is a comprehensive test of regulatory knowledge, portfolio management, and economic analysis. One of the most frequently asked questions by candidates is:“How much does study time really affect your […]
Industry Feedback Leads to Series 65 Format RevisionPublished on finra-exam-mastery.com 🔄 NASAA Updates Series 65 Exam Based on Industry FeedbackIn response to evolving industry practices and feedback from professionals, the North American Securities Administrators Association (NASAA) implemented significant revisions to the Series 65 exam on June 12, 2023. These updates aim to ensure that the […]
🕵️ Insider Trading, SOX, and Regulation NMS – Series 7 Exam Essentials The Series 7 exam evaluates a candidate’s understanding of securities regulations, trading rules, and ethical standards. Three key areas tested are Insider Trading, the Sarbanes-Oxley Act (SOX), and Regulation NMS (National Market System). These rules are critical to maintaining market integrity, preventing abuse, […]
🟦 How to Use Mind Maps to Study Complex Topics Mind maps are an excellent tool for studying complex topics, especially for exams like the Series 7, Series 65, or any financial licensing exam that covers broad and intricate material. A mind map is a visual diagram that connects key concepts in a hierarchical structure, […]
🧪 How to Use Practice Exams Effectively Whether you’re preparing for the Series 6, 63, 65, 66, or Series 24, using practice exams the right way is one of the most powerful tools for passing your FINRA exam. But simply taking tests isn’t enough — it’s how you analyze, reflect, and adjust that turns practice […]
How to Use Practice Tests to Improve SIE Scores Practice tests are one of the most powerful tools for increasing your SIE (Securities Industry Essentials) exam score—but only if you use them correctly. Taking random quizzes isn’t enough. You need a strategy that transforms practice questions into mastery of the content. Here’s how to use […]