Nasd exams

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NASD EXAMS
Series 3 Examination-National Commodity Futures Examination
Purpose
This examination qualifies the candidate to be registered as an associated person (AP) and be involved in the sale of commodity futures contracts and options on these contracts.
Anyone applying for registration as a futures commission merchant, introducing broker, commodity pool operator, or commodity tradingadvisor must also pass the Series 3 examination.
The Examination
The examination is composed of 120 true/false and multiple choice questions. A maximum of two and one-half hours (2 1/2) is allowed. The exam is graded in two sections, market knowledge and regulations. The candidate must score 70% on both sections to pass the exam.
The examination may be taken at any Prometric Sylvan Testing Center.Series 6 Examination

Investment Company/Variable Contracts Products Representative
Purpose
Any person who wishes to sell investment company products such as mutual funds, or variable contracts, such as variable annuities, must qualify as a representative.
This examination qualifies the candidate to sell both investment company and variable contracts products.
Please note that thecandidate can also qualify by passing the more comprehensive Series 7 Examination and becoming a general securities representative.
The Examination
The examination is composed of 100 multiple choice questions. A maximum of two hours and 15 minutes is allowed. The candidate must score at least 70% to receive a passing grade.
The examination may be taken at any Prometric Sylvan Testing Center.

Series10 examination
NASD General Securities Sales Supervisor/NYSE Branch Office Manager
The Series 10 is the portion of the NASD General Securities Sales Supervisor/NYSE Branch Office Manager examination that covers MSRB, NASD, NYSE, and SEC regulations.
Candidates are given 4 hours to answer 145 multiple-choice questions. In order to be fully registered as a Branch Office Manager, a candidate mustattain a 70% on both the Series 10 and the Series 9.
We offer courses and self study materials on both exams. Our Series 9 and Series 10 classroom training runs consecutively for 2 days. You need to purchase the self study materials and the classroom training for the 2 exams separately

Series 24 examination-General Securities Principal
Purpose
Any person who is actively involved in themanagement of a broker-dealer's investment banking or securities business must qualify as a principal. Activities that would require principal designation include supervision and training of persons involved in the firm's investment banking or securities business.
This examination qualifies the candidate to supervise activities related to general securities products. It does not qualify the candidateto supervise activities related to municipal securities (Series 53) or options (Series 4).
The Examination
The examination is composed of 150 multiple choice questions. A maximum of three hours is allowed. The candidate must score at least 70% to receive a passing grade.
The examination may be taken at any Prometric Sylvan Testing Center.

Series 27 Examination-Financial and OperationsPrincipal

Purpose

Any person who has the final responsibility for the accuracy of financial reports to the SEC or any other securities industry regulatory body, must qualify as a Financial and Operations Principal.
A firm's Financial and Operations Principal would also be responsible for the supervision of individuals involved in the preparation of financial reports, maintenance of the firms'books and records, and maintenance of the firms' back office operations.
Successful completion of this examination qualifies the candidate as a Financial and Operations Principal.

The Examination

The examination is administered in two parts. Part I is composed of 100 multiple choice questions. Part II is a series of questions relating to a sample trial balance. Part II counts for 40 points...
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