FINRA Administered Qualification Examinations

 

Study outlines for some exams may be accessed by clicking on the Series number(s) listed below. Please click on the Series 63, 65, and 66 links to access study outlines available on the NASAA website, the Series 56 link to access the study outline available on the CBOE website and the Series 3 link to access the study outline available on the NFA website.

 

Series

Examination

Questions

Time
(minutes)

Prerequisite

Cost

3

National Commodity Futures (CR)

120

150

None

$115

4

 

Registered Options Principal (OP)

125

180

S7, or S62 with S42, S17, S37 or S38

$100

6

 

 

Investment Company Products/Variable Contracts Representative (IR)

100

135

None

$95

7

General Securities Representative (GS)

250

360

None

$290

9
 

General Securities Sales Supervisor (Options Module (FINRA-SU)

55

90

S7

$75

10
 

General Securities Sales Supervisor General Module (FINRA-SU)

145

240

S7

$120

11

 

Assistant Representative-Order Processing (AR)

50

60

None

$75

14


 

Compliance Officer (NYSE-CO)

110

180

None

$335

16

Supervisory Analyst (NYSE-SA) [one or two parts depending on NYSE requirements]

Each Part 50

90 Part 1

None

$230

120 Part 2

17

Limited Registered Representative (IE)

100

150

FCA Registration

$75

22
 

Direct Participation Programs Representative (DR)

100

150

None

$95

23
23-effective 10/13/2014

 

General Securities Principal Sales Supervisor Module (GP)

100

150

S8, S9/10, or S12

$95

24
24-effective 10/13/2014

 

General Securities Principal (GP)

150

225

S7, S17, S37, S38, S62, S79 or S82

$115

26

Investment Company Products/Variable Contracts (IP)

110

165

S6 or S7

$95

27

 

Financial and Operations Principal (FN)

145

210

None

$115

28

 

Introducing Broker/Dealer Financial and Operations Principal (FI)

95

120

None

$95

30

NFA Branch Managers Examination

50

60

None

$75

31

Futures Managed Funds Examination

45

60

None

$75

32

Limited Futures Exam-Regulations

35

45

None

$75

34

Retail Off-Exchange Forex Examination

40

60

None

$75

37

Canada Module of S7 (CD) [Options Required]

90

150

CAN Registration

$175

38

Canada Module of S7 (CN) [No Options Required]

45

75

CAN Registration

$175

39

 

Direct Participation Programs Principal (DP)

100

135

S22 or S7

$90

42
 

Registered Options Representative (OR)

50

90

S72 or S62

$70

51

Municipal Fund Securities Limited Principal (FP)

60

90

S24 or S26

$155

52

Municipal Securities Representative (MR)

115

210

None

$180

53

Municipal Securities Principal (MP)

100

180

S52 or S7 (if passed prior to 11/7/11)

$165

55

Limited Representative-Equity Trader Examination (ET)

100

180

S7, S17, S37, S38, or S62

$105

56

Proprietary Trader Examination (PT)

100

150

None

$195

62

 

Corporate Securities Limited Representative (CS)

115

150

None

$90

63

Uniform Securities Agent State Law Exam (AG)

60

75

None

$115

65

NASAA-Investment Advisors Law Exam (RA)

130

180

None

$155

66

NASAA-Uniform Combined State Law Exam (AG and/or RA)

100

150

S7

$145

72
 

Government Securities Representative (RG)

100

180

None

$105

79
 

Limited Representative - Investment Banking

175

300

None

$290

82

 

Limited Representative-Private Securities Offerings (PR)

100

150

None

$90

86

Research Analyst (RS) Part I
Analysis Module

100

240

S7 , S17, S37, or S38

$175

87

Research Analyst (RS)
Part II
Regulations Module

50

90

S7 , S17, S37, or S38

$125

91

FDIC Safety and Soundness Technical Evaluation

100

240

 

$140

92

FDIC Compliance Technical Evaluation

100

240

 

$140

93

FDIC Division of Resolutions and Receiverships Technical Evaluation

100

240

 

$125

99

Operations Professional (OS)

100

150

None

$125

 

Last Updated: 8/13/2014