How difficult is the Series 66 exam?
Taking is the Series 66 exam is stressful, even if you are a good test taker. Each candidate will have two and one half hours to complete the exam. A score of 75% or higher is required to pass.
How many times can you fail Series 66?
As with any securities exam, if you fail Series 66 on your first attempt, you are allowed two more retakes, waiting 30 days between exam dates. If you fail on the third attempt, you can retake the exam after a 180-day waiting period.
Is Series 65 or 66 Harder?
Is It Harder to Pass the Series 65 or Series 66 Exams? While the pass/fail rate for these exams is not publicly available, many consider the Series 66 exam more difficult than the Series 65 because it is longer. The Series 65 contains 130 questions and the Series 66 has only 100.
What does a Series 66 allow you to do?
The Series 66 is an exam and license that is meant to qualify individuals as investment advisor representatives or securities agents. The Series 66, also known as the Uniform Combined State Law Examination, covers topics relevant to providing investment advice and effecting securities transactions for clients.
Is Series 66 harder than 7?
Overall, the Series 66 is quite a challenging exam. The Series 7 difficulty level is not to be understated however. Both can be conquered with the right amount of studying. Consequently, we recommend Kaplan as the top resource for both exams.
What is passing score for Series 66?
73
In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.
Does Series 66 expire?
The Series 66 license does not have an expiration date. Instead, your license remains current as long as you remain employed by a sponsoring firm, company, or organization. If you leave your position or company, your license will still be current for two years as you search for a new job in the industry.