FINRA Exams that do not Require Sponsorship
The Financial Industry Regulatory Authority (FINRA) requires sponsorship for certain qualification exams, but there are some exceptions. This article will explore the FINRA exams that do not require sponsorship, the process for registering for these exams, and the benefits of obtaining these certifications.
Exams that do not Require Sponsorship
The following FINRA exams do not require sponsorship:
Key Facts
- The Series 63, Series 65, and Series 66 exams do not require sponsorship.
- Unsponsored candidates who are not Form U4 registered or currently affiliated with a firm through FINRA’s Web CRD system can open an exam enrollment window via FINRA.org request and pay for the Series 63, Series 65, or Series 66 exam.
- Sponsorship is required for exams such as the Series 7, Series 79, and Series 82.
- The Series 79 sponsorship is suitable for professionals advising on investment banking, including mergers and acquisitions, financial restructuring, and public investment banking.
- The Series 82 sponsorship accredits individuals to a limited private securities offering representative role.
- Series 63: Uniform Securities Agent State Law Exam
- Series 65: Uniform Investment Adviser Law Exam
- Series 66: Uniform Combined State Law Exam
These exams are designed for individuals who are seeking to register as investment adviser representatives or broker-dealers. Candidates who are not currently associated with a FINRA member firm can register for these exams through the FINRA website.
Registration Process
To register for a FINRA exam that does not require sponsorship, candidates must first create an account on the FINRA website. Once an account has been created, candidates can search for the exam they wish to take and select a testing center and date. Candidates will then be required to pay the exam fee and provide proof of identity.
Benefits of Obtaining FINRA Certifications
Obtaining FINRA certifications can provide several benefits to individuals working in the financial industry. These benefits include:
- Demonstrated knowledge and expertise in the financial industry
- Increased job opportunities
- Higher earning potential
- Enhanced credibility with clients and colleagues
Conclusion
FINRA exams that do not require sponsorship provide individuals with an opportunity to demonstrate their knowledge and expertise in the financial industry. By obtaining these certifications, individuals can increase their job opportunities, earning potential, and credibility.
Sources
FAQs
Which FINRA exams do not require sponsorship?
The Series 63, Series 65, and Series 66 exams do not require sponsorship.
Who is eligible to take the Series 63, Series 65, and Series 66 exams?
Individuals who are not currently associated with a FINRA member firm are eligible to take these exams.
How do I register for a FINRA exam that does not require sponsorship?
Candidates can register for these exams through the FINRA website.
What is the registration process for a FINRA exam that does not require sponsorship?
Candidates must create an account on the FINRA website, search for the exam they wish to take, select a testing center and date, pay the exam fee, and provide proof of identity.
What are the benefits of obtaining FINRA certifications?
FINRA certifications demonstrate knowledge and expertise in the financial industry, increase job opportunities, enhance earning potential, and increase credibility with clients and colleagues.
What is the Series 63 exam?
The Series 63 exam is the Uniform Securities Agent State Law Exam. It is designed for individuals who are seeking to register as broker-dealers.
What is the Series 65 exam?
The Series 65 exam is the Uniform Investment Adviser Law Exam. It is designed for individuals who are seeking to register as investment adviser representatives.
What is the Series 66 exam?
The Series 66 exam is the Uniform Combined State Law Exam. It is designed for individuals who are seeking to register as both broker-dealers and investment adviser representatives.