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Series 4 Exam Details

FINRA Series 4 – Exam Information

This exam is administered by The Financial Industry Regulatory Authority (FINRA). Upon successful completion of the Series 4 exam, an individual will have the qualifications needed to supervise a member firm’s option business.

Enrollment Fee:

$105 US. Note that this is the examination enrollment fee ONLY – other fees may also apply.


You must be sponsored by a FINRA member firm. The Series 7, 17, 37, 38, 42 or 62 can be used to meet the prerequisite of the Series 4 exam.


Multiple Choice

Number Of Questions :

Objective# Questions
Option Investment Strategies34
Supervision of Sales Activities & Trading Practices75
Supervision of Employees, Business Conduct, Recordkeeping & Reporting Requirements16
TOTAL  125

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