Series56 exam. mtnmaven.com - sample test and how to pass series 56 exam.

Series56 exam

What is Series 56 , Day Trader, Prop trader Exam

Series56 exam. AB Training Center offers Series 56 training and exam prep materials to individuals who are looking to earn a Series 56 license.

Series56 exam


Such trades carry a high risk and a high payoff, and can generate large profits for investment firms that engage in them. There was a great deal of controversy regarding the role that deregulation and subsequent proprietary trading activities were responsible for the financial crisis and thus, whether new financial reforms were needed that would place limits on proprietary trading activities.

Exemptions are made for brokers who have already taken and passed the Series 7 General Securities Representative Exam. The exam first became available in June of The Series 56 exam is required for licensing as a proprietary securities trader.

Exams may be scheduled by phone or online. The Series 56 Exam consists of five general topics: In all, there are multiple choice questions with a 2.

There are also five additional, unidentifiable pretest questions that will not count towards scoring. At both centers, test-takers are expected to arrive at least thirty minutes prior to the exam to allow time to check in. For admission, candidates need to present a valid, government issued identification that contains a signature and photo.

Personal items are not allowed into the testing rooms. This includes bags, wallets, electronics, coats, and hats. A four-function calculator, dry erase pen, and dry erase boards will be provided by the testing center.

The exam consists of multiple choice questions. Since only correct answers are counted, there is no penalty for guessing the answers. Series 56 Test Contents. Retrieved from " https: Navigation menu Personal tools Log in. Views Read View source View history. Navigation Main page Recent changes Random page Help.

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