The Uniform Combined State Law Examination, or Series
66, is designed to qualify candidates
as both investment adviser representatives
and securities agents. The Series 66 exam
tests candidates on subjects considered
necessary to provide investment advice
to clients and also effect securities transactions
on their behalf.
Note: A Series
66 exam candidate must obtain Series 7 registration
before applying to register with a state.
A candidate may take either the Series 7
exam or the Series 66 exam first, but BOTH
must be completed satisfactorily prior to
registering with the state.
The Series 66 is a 2 1/2 hour, 100 multiple-choice
question exam categorized as follows: