FINRA Series 6 – Exam Information

This exam is administered by The Financial Industry Regulatory Authority (FINRA). Upon successful completion of the Series 6, an individual will have the qualifications needed to sell mutual funds and variable annuities.

Enrollment Fee:

$40 US. Note that this is the examination enrollment fee ONLY – other fees may also apply.

Prerequisite:

You must be sponsored by a FINRA member firm. The SIE is a co-requisite to the series 6 exam.

Format:

Multiple Choice

Number Of Questions: 50

Series 6 Candidates must also pass the securities industry essentials exam in order to become fully registered as an investment company and variable contract registered representative. The Series 6 exam is broken down into four critical job functions. These functions are as follows:

Objective # Questions
Function 1 – Seeks Business for the Broker-dealer from Customers and Potential Customers 12
Function 2 – Opens Accounts After Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 8
Function 3 – Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 25
Function 4 – Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions 5
TOTAL   50