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Series 66: Uniform Combined State Law Exam
The Series 66 Exam is required by the North American Securities Administrators Association (NASAA) and administered by FINRA. It qualifies candidates for state registration as investment advisor representatives if they have also passed the Series 7.
- Series 66 Textbook (Physical & Electronic Versions)
- Online & Printable Practice Exams
- 9+ hrs of Video Lectures
- Online Flashcards
- Downloadable Class Supplements
- Personal Instructor Support
About the Exam:
Number of Questions: 100 scored questions (plus 10 ungraded experimental questions).
Exam Structure: 1 session covering all topics. All questions are multiple choice.
Prerequisites: None; however, a valid S7 registration is also required for registration as an investment advisor representative
Time to Complete: 150 minutes
Passing Score: 73% (73 correct)
Recommended Study Time: 80-100 hours
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You are not required to have a sponsor to take the Series 66 Exam.
The Practice Exams questions are slightly easier than the actual exam, so you should be scoring in the low 80s on the Practice Exams before taking the examination.
You should plan on completing between 1500 and 2000 practice questions online prior to taking the exam. If your scores are not within passing range at that point, you may need to complete more questions.
If you come to class having read the material and completed at least 1,000 practice questions you should give yourself about one week to complete additional practice exams after the conclusion of the program before taking the examination. If you have not read the material before coming to class you will need more time after class ends.
Most students are able to finish the exam within the alloted time.
Though it is not required to read textbook before coming to class, doing so will make the class more beneficial and worthwhile. If you have not read the material prior to class you will still get value from class, but should plan to spend more time following class to fully prepare for your exam.
Assuming you are working full time while preparing for the examination, you should allow yourself two to three weeks to read through the material and another two to three weeks to complete practice exams. You should attend the live class, watch the online lectures or receive private instruction one to two weeks prior to the examination. The total study time is typically four to six weeks.