Latest Series-66 Questions Answers

FINRA Series-66 Practice Exam 

Serie-66 Uniform Combined State Law Exam tests an individual’s knowledge and understanding of working as a uniform combined state law representative. The Series 66 exam filters the suitable candidates by testing their possessive knowledge and skills required to perform as a critical figure of the combined state representatives at the North American Securities Administrators Association (NASAA) who developed the FINRA Series 66 and the others which are administered by the Financial Industry Regulatory Authority (FINRA). Hopeful candidates must pass Series 66 to achieve the Series 66 license.

About the Series 66 Exam

The Series 66 exam has a total of 110 questions to answer having a multiple-choice format out of which 10 questions will not affect the final score as they are used for pretest purposes. The time duration of this exam is 150 minutes. The passing score is set at a minimum of 73 correct answers out of a total of 100. There are two prerequisites to taking the Series 66 exam. A candidate must pass the Securities Industry Essentials (SIE) and Series 7 exams before attempting to take the Series 66 exam. The Series 66 exam cost is $177 (USD). The exam outline is mentioned below with the number of items mentioned to appear in the final exam:

• Economic Factors and Business Information – 5%
• Investment Vehicle Characteristics – 20%
• Client/Customer Investment Recommendations and Strategies – 30%
• Laws, Regulations, and Guidelines Including Prohibition on Unethical Business Practices – 45%

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