Investment Company and Variable Contracts Products Representative (Series 6)Practice Exam

What may an RR say upon passing her Series 6 exam?

1. She is a financial expert

2. She is registered with FINRA

3. She can sell all securities

4. She may offer financial advice

The correct answer is: She is registered with FINRA

Upon passing the Series 6 exam, the registered representative (RR) can state that she is registered with FINRA (the Financial Industry Regulatory Authority). This registration is a crucial step in becoming licensed to conduct business in the financial services industry. Passing the Series 6 exam means she has demonstrated the necessary knowledge and understanding of the regulations, products, and practices relevant to the sale of mutual funds, variable annuities, and other investment products that fall under the Series 6 license. Once registered with FINRA, she can legally engage in activities associated with these products, which is a significant aspect of her professional credentials. The other options do not accurately reflect the capabilities or qualifications conferred by passing the Series 6 exam. For example, the Series 6 does not qualify an individual as a financial expert, nor does it give the ability to sell all types of securities, as the licensing is limited primarily to mutual funds and variable products. While passing the exam does provide a foundation for offering financial advice, it does not guarantee proficiency or expertise in that area.