CandleFocus Glossary Editor
The Series 6 is a securities license that is essential for those who wish to work in the financial services industry. It grants the holder the authority to act as a company representative, and sell certain types of securities such as mutual funds, variable annuities, and insurance. In order to get a Series 6 license, the candidate must pass the Series 6 exam and the Securities Industry Essentials (SIE) exam.
The Series 6 exam is administered by the Financial Industry Regulatory Authority (FINRA) and is not available to the general public. In order to take the exam, one must be sponsored by an existing member of FINRA or a self-regulatory organization. As of 2020, the exam can be taken in person at a test center or online.
The Series 6 license is extremely important as it allows individuals to perform necessary functions that are essential in the financial services industry. However, one of the limitations of the Series 6 license is that holders are not authorized to sell exchange traded funds (ETFs).
In summary, the Series 6 license is an essential securities license required to work in the financial services industry. It grants the holder the authority to act as an authorized representative of a company and to offer certain types of securities such as mutual funds, variable annuities, and insurance. The Series 6 exam is administered by FINRA and must be taken in person or online, and sponsored by a FINRA member. The Series 6 license permits individuals to perform important functions, with the limitation that holders are not authorized to sell ETFs.
The Series 6 exam is administered by the Financial Industry Regulatory Authority (FINRA) and is not available to the general public. In order to take the exam, one must be sponsored by an existing member of FINRA or a self-regulatory organization. As of 2020, the exam can be taken in person at a test center or online.
The Series 6 license is extremely important as it allows individuals to perform necessary functions that are essential in the financial services industry. However, one of the limitations of the Series 6 license is that holders are not authorized to sell exchange traded funds (ETFs).
In summary, the Series 6 license is an essential securities license required to work in the financial services industry. It grants the holder the authority to act as an authorized representative of a company and to offer certain types of securities such as mutual funds, variable annuities, and insurance. The Series 6 exam is administered by FINRA and must be taken in person or online, and sponsored by a FINRA member. The Series 6 license permits individuals to perform important functions, with the limitation that holders are not authorized to sell ETFs.