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NASAA Series 63 exam guide

Series 63 tests state-law knowledge for securities-agent registration, including broker-dealer and agent duties, customer communications, and ethical practices.

Overview

Questions: 65
65 administered: 60 scored and five unscored pretest items
Time: 1 hour 15 minutes
Exam time
Format: Multiple choice
Closed book
Pass mark: 43 of 60
At least 43 correct of the 60 scored questions; five unscored items are not identified.

8 syllabus topicsOpen the published blueprint

Topic	Syllabus headings	Questions on the paper
1. Regulations of Investment Advisers	0	3
2. Regulations of Investment Adviser Representatives	0	3
3. Regulations of Broker-Dealers	0	7
4. Regulations of Agents of Broker-Dealers	0	8
5. Regulations of Securities and Issuers	0	5
6. Remedies and Administrative Provisions	0	7
7. Communication with Customers and Prospects	0	12
8. Ethical Practices and Obligations	0	15

Guide topics

Exam overview

Eligibility, enrollment, cost, exam format, and results.

Exam difficulty

Study time, difficulty, and readiness.

Exam topics

State securities law, registration, communications, and ethical practice.

Study plans

Practical preparation and revision schedules.

Practice tips

Original practice questions and worked explanations.

Careers and pay

Roles, qualifications and career considerations.

Comparisons

Relevant exams and preparation options.

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