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Should Series Exams Be Changed? NASAA Polls Advisors, BDs

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The North American Securities Administrators Association said Monday that it is asking securities professionals to weigh in on whether changes are needed to the Series 63, 65 and 66 exams.

NASAA’s job analysis survey on the exams includes a content survey “designed to help determine the necessary knowledge for securities professionals who are required to pass one of these exams,” NASAA said.

NASAA’s nationwide survey of broker-dealer agents and investment advisor reps will help NASAA identify “the tasks performed in the industry and the knowledge required to perform those tasks,” with the survey responses also helping NASAA to determine “what changes, if any, should be made to the blueprint of the examinations.”

Completed surveys are due Feb. 13 and take 30 to 45 minutes to complete.

“The input of registered individuals is an essential element to continuing to ensure that the Series 63,65, 66 examinations continue to be fair, complete and effective,” NASAA said.

NASAA hiked enrollment fees for its state Series 63, 65 and 66 exams on June 1, 2013.

Despite increased costs of maintaining the exams, NASAA said at the time that exam fees had not increased for four years.

Take the NASAA survey here.

— Check out Should I Stay or Should I Go (Independent)?  on ThinkAdvisor.


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