Practice real Series 63-style questions right in your browser — state securities law, ethics, and fiduciary obligations.
Practice questions built around the Uniform Securities Act — registration, ethics, and fiduciary duty.
Understand the legal reasoning behind each answer, not just whether you picked the right one.
See exactly which topics need more work, so every study session closes a real gap.
The Series 63 — formally the Uniform Securities Agent State Law Examination — was developed by NASAA (the North American Securities Administrators Association) and is administered by FINRA. Unlike the Series 6 and Series 7, it doesn't test product knowledge; it tests state securities regulations under the Uniform Securities Act, including registration requirements, ethical practices, and fiduciary obligations. Most states require it in addition to a Series 6 or Series 7 license.
Another real difference: the Series 63 doesn't require sponsorship by a FINRA member firm, so many candidates take it on their own timeline. Allen Series 63 Exam Prep's computer-based TestBank gives you realistic practice questions on state law and ethics, with a rationale for every answer.
Who typically takes the Series 63? Anyone registering as an agent in most U.S. states, usually alongside a Series 6 or Series 7. Because it's a state-law exam rather than a product exam, it often trips up candidates who assume their product-license studying already covers it — the two exams test genuinely different material.
How to prepare effectively. The Series 63 rewards careful reading over memorized definitions, since many questions hinge on subtle distinctions — state vs. federal jurisdiction, exempt vs. non-exempt transactions. Practicing with realistic scenario-based questions, rather than flashcards, is what builds that judgment.
The Series 63 is the Uniform Securities Agent State Law Examination, developed by NASAA and administered by FINRA. It tests knowledge of state securities regulations and is required by most states in addition to a Series 6 or Series 7 license.
No — unlike the Series 6 and Series 7, the Series 63 does not require sponsorship by a FINRA member firm and can be taken independently.
The Series 63 covers state securities registration requirements, ethical practices and fiduciary obligations, and the remedies and administrative provisions of the Uniform Securities Act.
No — the Series 63 covers state securities law for agents, while the Series 65 is a separate exam required to act as an investment adviser representative. Some states also offer a combined Series 66 covering both.
Most states require it, but requirements vary by state — check with your firm's compliance department or that state's securities administrator for your situation.