- Series 6
The Investment Company Products/Variable Life Contracts Representative Exam, commonly referred to as the Series 6, is a multiple choice
exam that registers an individual to transact a limited set ofsecurities :
*Mutual fund s
*Closed-end funds on the initial offering only
*Unit Investment Trust
* Variable Annuities
*Variable Life Insurance
*Municipal Fund Securities A Series 6 registered individual cannot transact in
corporate securities , direct participation programs (DPPs), or option products.This exam is administered by the
Financial Industry Regulatory Authority (Previously known as theNASD ). In order to take the exam an individual must be sponsored by a firm who is a member of FINRA or is aSelf Regulatory Organization (SRO).The time limit for the exam is 2 hours and 15 minutes to complete 100 questions. 70% is considered passing.
A FINRA sponsored study guide may be found [http://www.finra.org/RegistrationQualifications/BrokerGuidanceResponsibility/Qualifications/p011096?ssSourceNodeId=759&ssSourceSiteId=5 here] under the appropriate series number in PDF format.
ee also
*
List of Securities Examinations
* Series 7
* Series 24
*Series 63
*NASD
*FINRA ources
Financial Industry Regulatory Authority (http://www.finra.org)
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