The Uniform Investment Adviser Law Examination is developed by NASAA, The North American Securities Administrators Association. The Series 65 exam, is designed to qualify candidates as investment adviser representatives.
$135 US. Note that this is the examination enrollment fee ONLY--other fees may also apply.
There are no prerequisites for registration. If registering as an individual, you must complete Form U-10.
Each candidate will be allowed 180 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 72% or higher is required to pass the Series 65 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.