SIE practice questioneasyRegistration Requirements
A person must pass which examination to become a general securities representative?
- ASeries 6
- BSeries 7✓ Correct answer
- CSeries 24
- DSeries 63
Explanation
Why B — Series 7
The Series 7 (General Securities Representative Qualification Examination) qualifies an individual to sell virtually all types of securities products. The Series 6 is limited to mutual funds, variable annuities, and insurance products. The Series 63 is a state law exam. The Series 24 is a principal/supervisory license. Note: The SIE exam is now a corequisite for the Series 7.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Related Regulatory Framework questions
- FINRA's Continuing Education (CE) program has two elements. Which of the following correctly describes the Regulatory…
- Which of the following individuals would be considered an 'associated person' of a broker-dealer?
- What happens if a registered representative fails to complete the Regulatory Element of continuing education by the…
- When a registered representative leaves a broker-dealer, the firm must file Form U5 within how many days?