FINRA Series 62 – Exam Information

This exam is administered by The Financial Industry Regulatory Authority (FINRA) and provides an individual with the qualifications necessary to conduct business in most types of corporate securities, It is also one of the steps necessary in order for a member firm associate to register with FINRA. The Series 62 exam may be passed in order to take many other principal exams offered by FINRA.

Enrollment Fee:

$95 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.

Format:

Multiple Choice

Number Of Questions:

Objective
# Questions
Types & Characteristics of Securities & Investments
25
The Market for Corporate Securities
40
Evaluation of Securities & Investments
14
Handling Customer Accounts & Securities Industry Regulations
36
TOTAL
115

 

Each candidate will be allowed 150 minutes to complete the examination. This time limit has been designed to provide enough time for all candidates to complete the exam. A score of 70% or higher is required to pass the series 62 exam.

 

The examination is conducted as a closed book test. Upon completion of the examination, the score for each section and the overall test score will immediately be made available to the candidate.