Series 66

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Definition of 'Series 66'

The Series 66 exam is a securities exam that is required for individuals who want to work as investment advisers. The exam is administered by the Financial Industry Regulatory Authority (FINRA) and is designed to test candidates' knowledge of the securities industry. The Series 66 exam consists of two parts: a multiple-choice section and a written section. The multiple-choice section consists of 125 questions and must be completed in three hours. The written section consists of two essays and must be completed in two hours.

The Series 66 exam covers a wide range of topics, including:

* The different types of securities
* The different types of investment accounts
* The different types of investment strategies
* The different types of investment risks
* The different types of investment regulations

In order to pass the Series 66 exam, candidates must score at least 70% on each section. The exam is challenging, but it is possible to pass with proper preparation. There are a number of resources available to help candidates study for the Series 66 exam, including books, online courses, and practice exams.

The Series 66 exam is a valuable credential for individuals who want to work in the securities industry. The exam demonstrates that candidates have the knowledge and skills necessary to work as investment advisers. Individuals who pass the Series 66 exam are eligible to work for a variety of financial institutions, including brokerage firms, investment banks, and mutual fund companies.

The Series 66 exam is a significant milestone in a financial services career. It is a challenging exam, but it is also a valuable credential. Individuals who pass the Series 66 exam are eligible to work for a variety of financial institutions and can earn a high salary.

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