Introduction
I remember sitting exactly where you are – staring at the first page of a study guide for the Series 63 exam. Perhaps like you, I found the exam to be a far more nerve-wracking experience than any exam I ever took during college, because passing this test would mean either a huge step toward a career in an amazing industry or a major roadblock in my career path of choice.
How did I do? I passed with a 100%.
Does that mean it was easy? Not in the slightest.
Rather, and this is the good news for you, it means that the exam is predictable. Even though it crams a lot of complex material into just 65 questions, the material can be mastered by anyone who is willing to commit the time. That’s because the NASAA, which designs the exams, has clearly outlined everything you need to know, as well as given samples of the question formats.
The key to passing the Series 63 comes down to three things, all of which this book is designed around. First you need to memorize a good amount of information to the point where it automatically pops into your brain when you see the subject mentioned in a specific question. If you can memorize the most crucial concepts, terms, and rules in this book, you should have no problem scoring a passing grade.
The second crucial element to passing the NASAA Uniform State Law Examination, the official name for the Series 63 exam, is to take as many different practice exams as possible, so that you become comfortable with the question formats. Notice that I say different. I say that because if you take the same practice exams over and over again, you’ll memorize the answers to those questions instead of applying the knowledge you’ve learned. And while this book contains great practice exams, if you haven’t already you should visit SolomonExamPrep.com and purchase the online exam simulator.
Lastly, to sufficiently dominate the exam, you need to keep in mind its purpose for existence – to protect con