Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

SIE/Series 6 Top-off Exam Details

Exam Restructuring

On October 1, 2018, FINRA restructured the Series 6 exam. New candidates will be required to pass the Securities Industry Essential (SIE) exam along with a Series 6 Top-off exam to obtain the Investment Company and Variable Contracts Products registration. Kaplan has study materials available for the SIE exam as well as the Series 6 Top-off exam

SIE General Information

The FINRA® Securities Industry Essentials (SIE) Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.

  • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
  • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
  • Essentials exam results are valid for four years.

Prerequisites: None

Exam Format: 75 multiple-choice questions

Exam Duration: 1 hours, 45 minutes

Outline of Topics Covered:

  • Knowledge of Capital Markets
  • Understanding Products and Their Risks
  • Understanding Trading, Customer Accounts, and Prohibited Activities
  • Overview of Regulatory Framework

For more exam details, including fees and passing score, please visit FINRA.

Series 6 General Information

The FINRA® revised Series 6, Investment Company and Variable Contracts Products Representative Qualification "Top-off" Exam is required of individuals soliciting the purchase or sale of redeemable securities (mutual funds), variable contracts (variable annuities) and insurance premium funding programs (variable life) issued by insurance companies.

Corequisites: SIE

Exam Format: 50 multiple-choice questions

Exam Duration: 1 hours, 30 minutes

Outline of Topics Covered:

  • Seeks business for the broker-dealer from customers and potential customers
  • Opens accounts after obtaining and evaluating customers’ financial profile and investment objectives
  • Provides customers with information about investments, makes suitable recommendations, transfers assets, and maintains appropriate records
  • Obtains and verifies customers’ purchase and sales instructions; processes, completes, and confirms transactions

For more exam details, including fees and passing score, please visit FINRA.

Best Practices

Kaplan has prepared a Best Practices Guideline to help you pass the first time! This guide includes recommended study hours, how to use your study materials effectively, and test-taking tips. Access the guide and other free materials here.

Attention Colorado Students:

Kaplan Financial Education is approved and regulated by the Colorado Department of Higher Education, Private Occupational School Board (DPOS). View the Colorado College Bulletin.

Attention Tennessee Students: 

Kaplan Financial Education is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission. In order to view detailed job placement and graduation information on the programs offered by Kaplan Financial Education, please visit www.state.tn.us/thec and click on the Authorized Institutions Data button.