Series 63

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Definition of 'Series 63'

The Series 63 exam is a securities exam that is required for individuals who want to work in the financial services industry. The exam is administered by the Financial Industry Regulatory Authority (FINRA) and covers a wide range of topics, including:

* The different types of securities
* The rules and regulations governing the securities industry
* The different types of investment accounts
* The different types of investment products
* The different types of financial services

The Series 63 exam is a challenging exam, but it is important to pass it in order to work in the financial services industry. The exam is offered in both paper and electronic formats, and it can be taken at any of FINRA's testing centers.

The Series 63 exam is divided into two parts: the general portion and the suitability portion. The general portion covers the basics of the securities industry, while the suitability portion covers the rules and regulations that apply to the sale of securities.

The general portion of the exam consists of 50 multiple-choice questions. The suitability portion of the exam consists of 25 multiple-choice questions. In order to pass the exam, you must answer at least 70% of the questions correctly on each portion of the exam.

The Series 63 exam is a valuable credential for anyone who wants to work in the financial services industry. The exam demonstrates that you have the knowledge and skills necessary to work in this field. If you are interested in a career in the financial services industry, the Series 63 exam is a great place to start.

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