SERIES 63
Series 63 is an examination under the Financial Industry Regulatory Authority (FINRA) to be entitled to solicit orders for all types of security in a given state. Series 63 must be accomplished along with Securities 7 or Series 6. Series 63 was made to challenge the knowledge of test takers regarding state securities acts, related rules and regulation, ethical practices, and fiduciary obligations. The exam is composed of 65 questions where 60 are scored with a passing grade of 70%.
POPULAR TERMS
Account Hold
Account holds are the deposits that are withheld before they are actually credited to a specific account, like the deposited checks that came from ...
Regulation Y
A Federal Reserve regulation which regulates corporate bank holding company practices as well as particular practices of state-member banks. Practi ...
Naked Position
It is a security position which is not hedged from the market risk. Both the potential gain and potential risk are larger when a position is ...
Turnaround
Financial recuperation of a company following a deteriorating financial performance over a prolonged time. Companies experiencing financial difficu ...
Carve-Out
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
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| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
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| 15:30 | Durable Goods Orders | Nov |
