What is the pass rate for the series 66 exam?
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The Uniform Combined State Law Examination, also known as the Series 66, is required for candidates to become an investment advisor representative or securities agent.
The exam combines elements of both Series 63 and Series 65 into one exam to increase the efficiency with which candidates can get a qualification.
Experimental questions are used to test out future test questions in the exam, but they are unscored.
Candidates have 150 minutes to complete the exam, but they don't know which questions are scored and which are not.
The NASAA doesn't publish how many applicants pass or fail.
Kaplan's data shows that 98% of their students go on to pass the exam, although it is unclear if this required multiple attempts.The pass rate is likely to be lower than this number.
After 30 days, a person can take the exam for a third time, but only once every 180 days.
Most candidates will have already passed a bachelor's degree before taking the Series 7.
Your main responsibilities are likely to include providing financial and investment advice, managing client portfolios and supervising other employees.