Series 53 – Municipal Securities Principal Exam
Effective October 1, 2024, the Series 53 exam consists of 100 scored questions and ten unscored pretest questions. The additional questions are randomly distributed. Candidates are given three hours and 15 minutes to complete the exam. The passing score is 70%.
The Series 53 exam—the Municipal Securities Principal Qualification Examination (MP)—is a Municipal Securities Rulemaking Board (MSRB) exam.
For additional information on this exam, including the content outline, please visit MSRB Professional Qualification.