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📖 Description
"About the Series 6 Examination: The Series 6 Examination is a limited registration examination. Those successfully passing the examination will be permitted to transact business in the following: * Redeemable securities of registered investment companies * New issues of registered closed-end companies * Variable contracts and insurance premium funding programs * Other insurance contracts which are not exempt under the Securities Act of 1933. The Series 6 is comprised of 100 multiple-choice questions to be completed in two hours and fifteen minutes. A score of 70% is passing. The questions are divided into four sections as follows: Topic Area: Securities and Market; Investment Risks and Policies, % of Questions: 23%. Topic Area: Investment Companies, Taxation and Customer Accounts, % of Questions: 36%. Topic Area: Variable Contracts and Retirement Plans, % of Questions: 16%. Topic Area: Securities Industry Regulations, % of Questions: 25%..." [from introduction]