Is it possible to take the Series 6 exam without being sponsored?

By Shauna Carther AAA
A:

Unfortunately, the answer to this question is "No." The Financial Industry Regulatory Authority or FINRA (previously the National Association of Securities Dealers or NASD) requires an individual to be sponsored by a member firm, a self-regulatory organization (SRO), or an exchange in order to write the Series 6 exam.

The Series 6 exam allows a finance professional to demonstrate his or her competence within the area of mutual funds and variable annuities. It is the first step of the registration process set forth by FINRA. In order to schedule an exam, the member firm that sponsors you must file the Uniform Application for Securities Industry Registration or Transfer (Form U-4) with FINRA. Click here for the most recent PDF version of Form U-4, and click here for instructions on how to complete the form.

For Form U-4 to be completed to the liking of FINRA, the sponsoring firm must act as an Appropriate Signatory. Therefore, if an individual attempted to file this form without the signature of a sponsoring firm, the application would be rejected and monies paid toward registration might not be refunded.

For more information on the Series 6 exam, see the articles Proven Techniques For Series 6 Success and Tips For Passing The Series 6 Exam.

RELATED FAQS

  1. How do I learn technical skills for trading commodities?

    Learn what resources are available to learn about trading commodities, and understand some of the differences between stocks ...
  2. What are the differences between the Series 6 exam and the Series 7 exam?

    Learn about the regulatory exams needed to become a limited or registered representative and the main differences between ...
  3. Do I have to successfully complete the Series 7 exam before I can register for the ...

    There are no prerequisites to register for the Series 63 exam. However, once you have registered for the exam, you must schedule ...
  4. I completed the Series 6, do I have to complete the entire Series 7?

    After having written the Series 6 examination, there would be significant overlap with the Series 7 in areas such as mutual ...
RELATED TERMS
  1. Advanced Diploma In Insurance

    A qualification earned by insurance professionals and conferred ...
  2. Associate In Personal Insurance (API)

    A designation earned by professionals looking for training in ...
  3. Associate In Reinsurance (ARe)

    A designation earned by insurance professionals looking for reinsurance ...
  4. Associate In Surplus Lines Insurance (ASLI)

    A designation earned by insurance professionals involved with ...
  5. Financial Conduct Authority (UK) - FCA

    The regulator of the financial services industry in the United ...
  6. Corporate Financing Committee

    A regulatory group that reviews documentation that is submitted ...

You May Also Like

Related Articles
  1. Investing

    What Education Do You Need To Become ...

  2. Professionals

    Should You Add A Securities License ...

Trading Center