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Wiley - Wiley Series 6 Securities Licensing Exam Review 2019 + Test Bank: The Investment Company and Variable Contracts Products Representative Examination

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Wiley Series 6 Securities Licensing Exam Review 2019 + Test Bank: The Investment Company and Variable Contracts Products Representative Examination: summary, description and annotation

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The go-to guide to acing the Series 6 Exam!
Passing the Series 6 Exam qualifies an individual to function as an agent of a broker dealer and allows the limited representative to transact business in mutual funds (closed-end funds on the initial offering only), unit investment trusts, variable annuities, and variable life insurance products. In addition to passing the Series 6 Exam, an agent may be required to pass a state life insurance exam to transact business in variable contracts.
Created by the experts at The Securities Institute of America, Inc., Wiley Series 6 Exam Review 2019 arms you with what you need to score high on this tough 100-question test. Designed to let you build and fine-tune your knowledge of all areas covered in the exam and to guarantee that youre prepared mentally and strategically to take the test, it provides:

  • Dozens of examples
  • Assorted practice questions for each subject area covered in the exam
  • Priceless test-taking tips and strategies
  • Helpful hints on how to study for the test, manage stress, and stay focused
  • Wiley Series 6 Exam Review 2019 is your ticket to passing the Series 6 test on the first trywith flying colors!

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    WILEY SECURITIES LICENSING SERIES This series includes the following titles - photo 1
    WILEY SECURITIES LICENSING SERIES

    This series includes the following titles:

    Wiley Securities Industry Essentials Exam Review 2019

    1. Wiley Series 3 Securities Licensing Exam Review 2019 + Test Bank: The National Commodities Futures Examination
    2. Wiley Series 4 Securities Licensing Exam Review 2019 + Test Bank: The Registered Options Principal Examination
    3. Wiley Series 6 Securities Licensing Exam Review 2019 + Test Bank: The Investment Company and Variable Contracts Products Representative Examination
    4. Wiley Series 7 Securities Licensing Exam Review 2019 + Test Bank: The General Securities Representative Examination
    5. Wiley Series 9 Securities Licensing Exam Review 2019 + Test Bank: The General Securities Sales Supervisor ExaminationOption Module
    6. Wiley Series 10 Securities Licensing Exam Review 2019 + Test Bank: The General Securities Sales Supervisor ExaminationGeneral Module
    7. Wiley Series 24 Securities Licensing Exam Review 2019 + Test Bank: The General Securities Principal Examination
    8. Wiley Series 26 Securities Licensing Exam Review 2019 + Test Bank: The Investment Company and Variable Contracts Products Principal Examination
    9. Wiley Series 57 Securities Licensing Exam Review 2019 + Test Bank: The Securities Trader Examination
    10. Wiley Series 63 Securities Licensing Exam Review 2019 + Test Bank: The Uniform Securities Agent State Law Examination
    11. Wiley Series 65 Securities Licensing Exam Review 2019 + Test Bank: The Uniform Investment Adviser Law Examination
    12. Wiley Series 66 Securities Licensing Exam Review 2019 + Test Bank: The Uniform Combined State Law Examination
    13. Wiley Series 99 Securities Licensing Exam Review 2019 + Test Bank: The Operations Professional Examination

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

    Cover Design: Wiley
    Cover Image: Jumpeestudio/iStock.com

    Copyright 2019 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.

    No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.

    Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

    For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993, or fax (317) 572-4002.

    Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com.

    ISBN 978-1-119-55271-0 (Paperback)
    ISBN 978-1-119-55273-4 (ePDF)
    ISBN 978-1-119-55274-1 (ePub)

    About the Series 6 Exam

    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 50 questions multiple-choice format. Each candidate will have 1 hour and 30 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.


    Picture 2 IMPORTANT EXAM NOTE

    As of October 1, 2018, candidates who wish to take the Series 6 exam must also successfully complete the SIE exam to become fully registered


    About the Exam

    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 50 questions that are randomly chosen from a test bank of thousands of questions. Each Series 6 exam includes several practice questions that do not count toward the final score. The test has a time limit 1 hour and 30 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:

    FunctionNumber of Items
    Seeks Business for the Broker Dealer from Customers and Potential Customers12 questions
    Opens Accounts After Obtaining and Evaluating Customers Financial Profile and Investment Objectives8 questions
    Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets, and Maintains Appropriate Records25 questions
    Obtains and Verifies Customers Purchase and Sales Instructions; Processes, Completes and Confirms Transactions5 questions
    TOTAL50 Questions
    How Do I Prepare for the Exam?

    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

    • Picture 3 Read the full question before answering.
    • Picture 4 Identify what the question is asking.
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