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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.
The exam covers the following topics:
Types & Characteristics of Securities & Investments - 25 Questions
The Market for Corporate Securities
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40 Questions
Evaluation of Securities & Investments -14
Questions
Handling Customer Accounts & Securities Industry Regulations - 36 Questions
TOTAL 115 Questions
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.
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