d

Securities Education

From Licensing to Retirement

For those new to the industry and seasoned professionals. Start with the basics and grow your knowledge base of the securities industry.

Securities Education for All License Types

Prepare for Exams

Online exam prep courses and study aids for passing the licensing or registration exam on the first try.

Exam Prep

Maintain Compliance

From firm element and FINRA e-learning courses to ACMs & ACQs, we have what you need for firm compliance.

Compliance Solutions

Investment Adviser CE

Stay up-to-date on which states have adopted the NASSA Model Rule, know requirements and complete CE courses.

IAR CE SOlutions

Grow Your Career

Continue the learning with our extensive catalog of Certification CE or explore our other products to learn something new.

ALL Products

Leaders in Online Securities Education

25+ Years of Delivering Online Education

Get courses from content experts who have teamed up with in-house technology teams to deliver innovative learning experiences.

Guided Ordering & Simple Navigation

Satisfy requirements simply with up-to-date information, one-click packages, and tools to ensure you get the right courses.

Engaging 5-star Rated Products

Every professional and profession is unique. Get more than what you need - get education you want suited to your learning style. 

Unmatched Tracking & Reporting

Get all the the reports you need to ensure firm compliance through your learning center or data feeds.

Go-to Compliance Specialists

We work with regulators to stay on top of industry changes and keep you in the know all along the way. 

Knowledgeable Customer Support

Our team uses our system to train and develop to be experts not only on the learning platform but also your education needs. 

Education Solutions for Success

For Individuals

Whether you're starting a career in securities or looking to grow your career, we're here to support you from licensing to retirement.

Catalog

For Managers

Build a high-performing team with interactive training and tracking tools that help develop talent quickly and efficiently. 

Recruiting

For Businesses

Utilize our intuitive delivery platform for all your training and education needs with in-house support for you and your team.  

Solutions

For Partnerships

Enhance your member benefits to provide insurance professionals with all they need to be successful in their careers. 

Partnerships

But wait there's more...

What started as an online insurance continuing education company has now become a powerful suite of education experiences offering a variety of products for multiple industries. We are so much more than CE courses and strive to make completing your requirements simple. With our unique platform you can earn a license, get professional development for career growth, and even complete one course earning you credits for multiple licenses. 

Multi-credit catalog All Products

WebCE Customer Reviews and Testimonials

The Ultimate Guide to Series 63

by Julie Mendel, SILA-A, CDEI | Sep 22, 2022
Guide to Series 63 License

To legally sell securities, an individual must be properly licensed. One of the key licenses is the Series 63. In most states, aspiring financial representatives must pass an exam to earn a Series 63 license.

What is Series 63?

A Series 63 license is received after successfully passing the Uniform Securities Agent State Law Exam. In almost all states – the exceptions are Colorado, Florida, Louisiana, Maryland, Ohio and the District of Columbia – the Series 63 is a companion qualification registration. It does not allow an individual to transact securities business without additional licenses and registrations such as the Securities Industry Essentials (SIE), and at least one other registration (or license) like Series 6, Series 7, or Series 65.

By way of example, a Series 63 license combined with the SIE and the Series 6 (Investment Company and Variable Contracts Products Representative) allows an individual to solicit, purchase and/or sell mutual funds, variable annuities, variable life insurance, unit investment trusts, and municipal fund securities (additional insurance licenses may be required). A Series 63 license combined with the SIE and the Series 7 (General Securities Representative) permits the individual to solicit, purchase, and/or sell all securities products including corporate securities, municipal fund securities, options, direct participation programs, investment company products and variable contracts.

 

In most instances, once a person passes the Series 63 exam, they have two years to become licensed or registered with the state without their registration expiring. Once registered, an individual’s Series 63 does not expire if they continue to work within the industry. If they terminate their employment or otherwise become inactive, they have two years to become re-employed before the registration expires.

The Series 63 Exam

The Uniform Securities Agent State Law Exam also known as the Series 63 exam, is a qualification exam required to receive registration. It is administered by the Financial Industry Regulatory Authority (FINRA) on behalf of the North American Securities Administrators Association (NASAA).

It covers the principles governing state securities regulations as well as the rules surrounding dishonest or unethical practices. To successfully complete the exam, a candidate must be familiar with the Uniform Securities Act and related amendments adopted by NASAA. Despite the name, this act is not a federal law. Instead, it is a set of state laws based on a model and adopted on effected on a state-by-state basis. Therefore, the exam taker should also be familiar with the North American Securities Administrators Association (NASAA) Statement of Policy and Rules.

The exam covers the registration of people and securities as well as fiduciary responsibility and the rules governing unethical practices. There are 60 multiple choice questions. The passing score is 72 percent, or 43 questions. Almost half of the questions have to do with regulations, with the rest relating to ethics, customer communication and administration. NASAA provides an exam content outline on their website with the topics and how many questions to expect on each topic.

How To Prepare for the Series 63 Exam

There are no requirements to complete an exam prep course, however, taking a course can provide candidates with an in-depth review of the exam’s general content and format, optional practice exams, and other study tools.

WebCE can help candidates prepare for the Series 63 exam with our complete Series 63 Exam Prep package. With this package, candidates will receive a study guide that aligns with NASAA’s exam content outline as well as helpful study tools like flash cards, practice exams, and workbooks to make sure they are test day ready.

Our mobile-ready flash cards can assist with understanding of key terms and concepts identified in the NASAA content outline. Exam Tutor, our practice exam study tool, assists candidates in managing their time to ensure they complete the NASAA exam within the allotted 75 minutes. This tool allows individuals to build custom exams to test their knowledge in areas where they feel they need more focused attention.

It is important to know the exam consists of 60 questions with a 75-minute time limit. That means an average of one minute and 15 seconds can be spent per question. It is important not to spend too much time on any one question early in the exam. The candidate who is stumped is advised to move on and come back to the challenging questions at the end.

WebCE’s securities exam prep course packages provide convenient, effective study solutions for passing the Series 63 exam. To order the Series 63 Exam Prep Complete Package and take one step closer to a career in securities, visit our Securities Exam Prep Course Catalog.