Series 14

The NYSE Compliance Official, or Series 14, qualifies an individual to supervise overall compliance at NYSE member-firms.

The Series 14 is a 3-hour, 110 multiple-choice question exam categorized as follows:

Category	Questions	% of Exam
Regulatory Agencies	3	3%
Markets and Operations	20	18%
Broker-Dealer Operations	10	9%
Credit Regulations/Capital Requirements	7	6%
General Supervision	20	18%
Investment Banking	15	14%
Registration	9	8%
Sales Practice: Customer/Employee Accounts	16	15%
Sales Practice: Solicitations	10	9%

To pass the Series 14, a 70% is required (77 out of 110 questions must be answered correctly).

Series 14 Examination Fee: $300
(Effective January 1, 2005)