FINRA Practice Tests
Table of Contents
SIE PRACTICE TEST
The Securities Industry Essentials (SIE) Exam is designed for individuals entering the securities industry. It tests comprehensive knowledge of fundamental concepts, including securities products, the structure of the securities industry markets, and regulatory agencies and their functions. This exam ensures a well-rounded understanding of the financial markets, making it a foundational step for any securities professional.
SERIES 3 PRACTICE TEST
The Series 3 Exam is designed for professionals trading commodity futures and options. It tests knowledge in areas such as market structure, trading practices, and regulatory requirements. Passing this exam ensures that traders have the expertise to navigate the commodities market and comply with regulatory standards.
SERIES 4 PRACTICE TEST
The Series 4 Exam targets professionals overseeing options trading and compliance. It covers topics such as options strategies, market regulations, and risk management. Passing this exam ensures that principals have the expertise to manage options trading activities and enforce regulatory compliance within their firms.
SERIES 6 PRACTICE TEST
The Series 6 Exam targets professionals involved in the sale of mutual funds, variable annuities, and insurance products. It tests knowledge in areas such as investment risk, taxation, and securities and insurance product characteristics. Passing this exam ensures that representatives have the expertise to provide sound investment advice and manage client portfolios effectively.
SERIES 7 PRACTICE TEST
The Series 7 Exam is aimed at professionals trading securities, such as stocks and bonds. It tests comprehensive knowledge in investment risk, taxation, equity and debt instruments, and portfolio management strategies, ensuring a well-rounded understanding of financial markets. This exam is essential for anyone looking to become a fully licensed securities representative.
SERIES 9/10 PRACTICE TEST
The Series 9/10 Exam assesses the knowledge and skills of professionals supervising sales activities in securities firms. Series 9 focuses on options and general securities trading, while Series 10 covers broader supervisory responsibilities, including compliance and ethical standards. This certification ensures that supervisors are well-equipped to manage and oversee sales activities effectively.
SERIES 14 PRACTICE TEST
The Series 14 Exam is designed for professionals responsible for ensuring regulatory compliance within securities firms. It tests knowledge in areas such as securities laws, compliance practices, and regulatory standards. Passing this exam ensures that compliance officers have the expertise to develop and implement effective compliance programs.
SERIES 16 PRACTICE TEST
The Series 16 Exam evaluates the proficiency of professionals supervising the preparation and dissemination of research reports. It covers topics such as research standards, regulatory requirements, and conflict of interest management. This certification ensures that supervisory analysts can maintain the integrity and quality of research within their firms.
SERIES 22 PRACTICE TEST
The Series 22 Exam is designed for professionals who sell direct participation programs, such as limited partnerships. It covers topics like the structure and regulatory requirements of direct participation programs, taxation, and investment analysis. Passing this exam ensures representatives are well-prepared to advise clients on these specialized investment vehicles.
SERIES 23 PRACTICE TEST
The Series 23 Exam assesses the knowledge of professionals overseeing sales activities within securities firms. It covers topics such as supervisory practices, regulatory compliance, and sales management. Passing this exam ensures that principals can effectively supervise sales operations and enforce compliance with industry regulations.
SERIES 24 PRACTICE TEST
The Series 24 Exam is aimed at professionals managing the overall operations of a securities firm. It tests comprehensive knowledge in areas such as regulatory requirements, business conduct, and supervision of trading and market making. This certification ensures that principals can effectively oversee all aspects of a securities firm’s operations.
SERIES 26 PRACTICE TEST
The Series 26 Exam evaluates the proficiency of professionals supervising the sale of investment company products and variable contracts. It covers topics such as regulatory requirements, product knowledge, and supervisory practices. Passing this exam ensures that principals can effectively manage and oversee sales activities in these specialized areas.
SERIES 27 PRACTICE TEST
The Series 27 Exam is designed for professionals overseeing the financial and operational aspects of a securities firm. It tests knowledge in areas such as regulatory reporting, financial responsibility rules, and operational risk management. This certification ensures that principals can effectively manage the financial integrity and operational efficiency of their firms.
SERIES 28 PRACTICE TEST
The Series 28 Exam assesses the knowledge of professionals managing the financial and operational functions of introducing broker/dealers. It covers areas such as financial reporting, regulatory requirements, and operational practices. Passing this exam ensures that principals can effectively oversee the financial and operational activities of introducing broker/dealers.
SERIES 30 PRACTICE TEST
The Series 30 Exam targets professionals managing branch offices of futures commission merchants or introducing brokers. It covers areas such as supervisory practices, regulatory compliance, and risk management. Passing this exam ensures that branch managers can effectively oversee branch operations and maintain compliance with industry regulations.
SERIES 31 PRACTICE TEST
The Series 31 Exam assesses the knowledge of professionals involved in the sale of managed futures funds. It covers topics such as fund structure, regulatory requirements, and sales practices. Passing this exam ensures that representatives can effectively market and sell managed futures funds to investors.
SERIES 32 PRACTICE TEST
The Series 32 Exam is designed for professionals trading futures contracts who need to comply with regulatory requirements. It tests knowledge in areas such as market regulations, trading practices, and compliance standards. Passing this exam ensures that traders can effectively navigate the futures market and adhere to regulatory requirements.
SERIES 34 PRACTICE TEST
The Series 34 Exam targets professionals involved in retail off-exchange forex trading. It covers topics such as forex market structure, trading practices, and regulatory requirements. Passing this exam ensures that traders have the expertise to navigate the retail forex market and comply with industry regulations.
SERIES 39 PRACTICE TEST
The Series 39 Exam is aimed at professionals supervising the sale of direct participation programs. It tests knowledge in areas such as regulatory compliance, product structure, and supervisory practices. This certification ensures that principals can effectively manage and oversee the distribution of direct participation programs.
SERIES 50 PRACTICE TEST
The Series 50 Exam evaluates the expertise of professionals providing advisory services to municipal entities. It covers topics such as municipal securities, regulatory requirements, and advisory practices. Passing this exam ensures that municipal advisors have the knowledge needed to provide sound financial advice to municipal clients.
SERIES 51 PRACTICE TEST
The Series 51 Exam is designed for professionals supervising the sale of municipal fund securities. It tests knowledge in areas such as regulatory requirements, supervisory practices, and product knowledge. This certification ensures that principals can effectively oversee the distribution of municipal fund securities.
SERIES 52 PRACTICE TEST
The Series 52 Exam assesses the knowledge of professionals involved in the sale and trading of municipal securities. It covers topics such as market practices, regulatory requirements, and municipal securities products. Passing this exam ensures that representatives can effectively navigate the municipal securities market and provide sound investment advice.
SERIES 53 PRACTICE TEST
The Series 53 Exam is aimed at professionals supervising the activities of municipal securities firms. It tests comprehensive knowledge in areas such as regulatory requirements, supervisory practices, and municipal securities products. This certification ensures that principals can effectively manage and oversee the operations of municipal securities firms.
SERIES 54 PRACTICE TEST
The Series 54 Exam evaluates the proficiency of professionals supervising municipal advisory activities. It covers topics such as regulatory compliance, advisory practices, and supervisory responsibilities. Passing this exam ensures that principals can effectively manage and oversee the provision of advisory services to municipal clients.
SERIES 57 PRACTICE TEST
The Series 57 Exam evaluates the proficiency of professionals engaged in trading securities, including equity and convertible debt securities. It tests knowledge in areas such as market structure, trading practices, and regulatory requirements. This certification ensures that traders have the necessary skills to execute trades effectively and comply with regulatory standards.
SERIES 63 PRACTICE TEST
The Series 63 Exam assesses the knowledge of professionals involved in securities trading, focusing on state securities laws and regulations. It covers areas such as registration requirements, ethical practices, and regulatory compliance. Passing this exam ensures that agents can effectively operate within state regulatory frameworks and maintain ethical standards.
SERIES 65 PRACTICE TEST
The Series 65 Exam is designed for professionals providing investment advice. It tests comprehensive knowledge in areas such as portfolio management, ethics, and regulatory requirements. Passing this exam ensures that investment advisers have the expertise to provide sound financial advice and comply with industry regulations.
SERIES 66 PRACTICE TEST
The Series 66 Exam combines elements of the Series 63 and Series 65 exams, targeting professionals who act as both securities agents and investment advisers. It covers topics such as ethical practices, regulatory compliance, and portfolio management. Passing this exam ensures that professionals have a well-rounded understanding of both state securities laws and investment advisory practices.
SERIES 79 PRACTICE TEST
The Series 79 Exam targets professionals involved in investment banking activities. It covers areas such as mergers and acquisitions, public offerings, and private placements. This exam ensures that investment bankers possess the critical knowledge needed to advise clients on complex financial transactions and strategies.
SERIES 82 PRACTICE TEST
The Series 82 Exam is designed for professionals who engage in the sale of private securities offerings. It tests knowledge in areas such as regulatory requirements, private placement memorandums, and investor suitability. Passing this exam ensures that representatives can effectively navigate the private securities market and provide sound investment advice.
SERIES 86/87 PRACTICE TEST
The Series 86/87 Exam assesses the expertise of professionals conducting financial research and analysis. Series 86 focuses on fundamental analysis, while Series 87 covers regulatory requirements and industry standards. Passing this exam ensures that research analysts have the skills to produce accurate and compliant financial research reports.
