What will I learn?
Securities industry professionals seeking to transact securities business as both a securities agent and investment adviser representative must
register with the state securities administrator (in most states) and are required to pass the Uniform Combined State Law Exam, more commonly
known as the Series 66 exam. This exam was developed by the North American Securities Administrators Association (NASAA) and administered by
FINRA. The Series 66 is a combination exam that may be taken as an alternative to both the Series 63 and Series 65. The FINRA Series 7 exam is
a corequisite that must be successfully completed in addition to the Series 66 exam before a candidate can apply to register with a state.
There is no required order in which these exams must be taken as long as both are successfully completed.
Candidates looking to obtain a Series 66 license must have entry-level knowledge of the state securities regulations, ethical business
practices, fiduciary responsibilities, securities product knowledge and technical analysis. This course will deliver the content needed
to successfully complete the Series 66 examination requirements.
Testable topics include:
Regulation of Broker-Dealers, Agents, Investment Advisers and Investment Adviser
Representatives, regulation of securities and issuers, ethical guidelines and business practices, prohibited practices, administration of
the Uniform Securities Act, communication with clients, custody of funds, economics and analytical methods, investment vehicle characteristics,
investment recommendations, portfolio management strategies and techniques, securities trading, estate planning techniques, evaluating of
customers and risks, customer accounts, cyber security, privacy, and data protection.