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Series 65 - Uniform Investment Adviser Law Exam

The state law exam for people who want to be licensed as investment adviser representatives in the United States.

The exam

Set by
NASAA (North American Securities Administrators Association), with the exam administered by FINRA
The paper
140 multiple-choice questions (130 scored) in three hours; pass with 92 of 130 (about 70%) since 2023
How it is sat
On a computer, on demand; no sponsorship by a firm is needed
Where
United States, in English

What Licento would give you

  • Practice questions written to this exam's syllabus, scheduled up to your exam date.
  • Mock exams in the real exam's format, timed and marked the same way.
  • How ready you are, topic by topic, so you know where to spend your time.

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