Securities Institute of America - Wiley Series 6 Exam Review 2016 + Test Bank: The Investment Company Products/Variable Contracts Limited Representative Examination

This series includes the following titles:

1. Wiley Series 3 Exam Review 2016 + Test Bank: National Commodities Futures Examination
2. Wiley Series 4 Exam Review 2016 + Test Bank: The Registered Options Principal Examination
3. Wiley Series 6 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Products Representative Examination
4. Wiley Series 7 Exam Review 2016 + Test Bank: The General Securities Representative Examination
5. Wiley Series 9 Exam Review 2016 + Test Bank: The General Securities Sales Supervisor ExaminationOption Module
6. Wiley Series 10 Exam Review 2016 + Test Bank: The General Securities Sales Supervisor ExaminationGeneral Module
7. Wiley Series 24 Exam Review 2016 + Test Bank: The General Securities Principal Examination
8. Wiley Series 26 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Products Principal Examination
9. Wiley Series 55 Exam Review 2016 + Test Bank: The Equity Trader Examination
10. Wiley Series 62 Exam Review 2016 + Test Bank: The Corporate Securities Representative Examination
11. Wiley Series 63 Exam Review 2016 + Test Bank: The Uniform Securities State Law Examination
12. Wiley Series 65 Exam Review 2016 + Test Bank: The Uniform Investment Adviser Law Examination
13. Wiley Series 66 Exam Review 2016 + Test Bank: The Uniform Combined State Law Examination
14. Wiley Series 99 Exam Review 2016 + Test Bank: The Operations Professional Examination

For more on this series, visit the website at www.wileysecuritieslicensing.com.

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Copyright 2016 by The Securities Institute of America, Inc. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Previous editions published by The Securities Institute of America, Inc.
Published simultaneously in Canada.

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ISBN 978-1-119-11076-7 (Paperback)
ISBN 978-1-119-13863-1 (ePDF)
ISBN 978-1-119-13864-8 (ePub)

Congratulations! You are on your way to becoming a registered representative licensed to conduct business in both investment company (mutual fund) and variable-contract products.

The Series 6 exam will be presented in a 100-question multiple-choice format. Each candidate will have two hours and 15 minutes to complete the exam. A score of 70% or higher is required to pass. The Series 6 is as much a knowledge test as it is a reading test in that you have to read each question, identify its key elements, and then apply your knowledge to answer it.

IMPORTANT EXAM NOTE

As a result of continued industry-rulebook consolidation, the Series 6 exam may use FINRA, NASD, or both to describe itself or its rules. Test-takers are advised to be aware of this and to treat the two terms as interchangeable. This text, in most instances, uses the most up-to-date termFINRA.

The Series 6 exam is presented in multiple-choice format on a touch screen computer known as the PROCTOR system. No computer skills are required, and candidates will find that the test screen works in the same way as an ordinary ATM machine. Each test is made up of 100 questions that are randomly chosen from a test bank of more than 6,000 questions. Each Series 6 exam includes several practice questions that do not count toward the final score. The test has a time limit of two hours and 15 minutes and is designed to provide enough time for all candidates to complete the exam. Each Series 6 exam includes questions that focus on the following critical job functions:

For most candidates, the combination of textbooks, software, and video class instruction proves to be enough to successfully complete the exam. It is recommended that candidates spend at least 40 to 60 hours preparing for the exam by reading the textbook, underlining key points, and by completing as many practice questions as possible. We recommend that students schedule their exam no more than one week after completing their Series 6 exam prep.

Test-Taking Tips

• Read the full question before answering.
• Identify what the question is asking.
• Identify key words and phrases.
•