About the FINRA Series 63 category

FINRA FINRA Series 63
1

Discuss anything related to the FINRA Series 63 exam or Achievable Series 63 test prep.

2

Good evening,

Just passed series 65.

Next up is series 63. I’ve scrolled through the course contents and it seems like for the most part it’s exactly what’s covered within series 65 material.

Should I just go ahead and take the test or purchase the 63?

thanks

3

Hello Justin,

I need help with the multiple choice below:

A broker-dealer registered in State X has several clients in State Y. If the firm does not have a place of business in State Y, registration in State Y would be required if one of those clients is

A) an investment adviser registered in State Y.
B) a registered investment company.
C) a broker-dealer registered in State Y.
D) a bank authorized to do business in State Y.

I think the answer should be “B”, but the correct answer is “A”. I don’t think “Investment Company” is included in the definition of the institutional investors. Please kindly advise. Thanks.