Check on stock broker license

You can access extensive employment, disciplinary, and registration information about your stockbroker or investment adviser through your state securities regulator. To find contact information for your state securities regulator, click here. On the Web U. Resources Working with a broker? This computerized database contains licensing and registration information on more than , stockbrokers.

Using an investment adviser? The IARD has information on more than , investment advisers. Along with the Series 7 license, you must hold this license to do business as a stockbroker or sell mutual funds in many states. Series 3 : If your employer wants you to sell commodity futures contracts, you need this license, also administered by FINRA.

Series 65 : Financial planners or advisors who work for an hourly fee rather than a commission and stockbrokers and other financial representatives who deal with managed-money accounts need this license.

Series 66 : If you have a Series 7 license, you have already been tested on a good portion of the topics covered on the Series 65 exam. Thinking about a career in securities? The SIE exam tests common topics such as fundamentals, regulatory agencies and their functions, product knowledge, and acceptable and unacceptable practices. You can take the SIE exam before being sponsored by a firm and even while you are still in school.

Note that although you have to pass both the SIE and Series 7 exams to get your Series 7 license, you can take them in any order. Secure sponsorship with a licensed firm. Register for the Series 7 exam. FINRA suggests you schedule your exam as far in advance as possible to ensure you get your desired date. Study for and pass the Series 7 exam. The Series 7 exam is not exactly a walk in the park. Study with purpose and planning.

Exam preparation and review courses go a long way toward helping you pass your Series 7 exam the first time. The exam consists of multiple-choice questions, and you have 3 hours and 45 minutes to complete it. The passing score is 72 percent. Register for the Series 63 exam. The Series 63 exam does not require member firm sponsorship.

You can use Form U10 to apply for the Series 63 exam if you are not sponsored. Study for and pass the Series 63 exam. Prepare for the Series 63 exam in the same way you prepared for the Series 7 exam. Consider exam preparation and review packages to improve your chances of passing. The Series 63 has 65 questions and lasts for 75 minutes.