Nasd Series 63

Written by Amy Hall
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The NASD Series 63 exam is administered by the North American Securities Administrators Association (NASAA). Completion of the Series 63 exam will allow an individual with required qualifications necessary to become a securities agent who solicits orders for any type of security in a particular state. You should be aware that not every state requires individuals to take the Series 63.

The exam covers the Uniform Securities Act of 1956 with amendments adopted by NASAA. This test is intended to provide a basis for state securities administrators to determine an applicant's knowledge and understanding of state laws and regulations. There is no prerequisite to take this exam, and there are 60 multiple choice questions. Individuals taking this exam will have one hour and 15 minutes to complete it, and a score of 70 percent is required to pass.

Pass the NASD Series 63 Exam with Ease

The test can be broken down into segments which you should be knowledgeable of before sitting for the exam. Test topics will include Registration of Persons, Securities, Business Practices, and Administrative Provisions and Other Remedies. There are some excellent study guides available that can help you sharpen your skills and gain a broader understanding of these categories.

As with any of the Series exams, it is completely necessary that you devote a sufficient amount of time to exam preparation in order to successfully pass the NASD Series 63. With the help of some home study aids, such as textbooks, CDs, and videos, you should be able to walk into the exam feeling confident.


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