On October 1st, FINRA is introducing the Securities Industry Essentials (SIE) exam. The SIE will cover basic securities industry knowledge. “Top-Off” is the term FINRA is using for the new, shorter registered representative level exams launching October 1st. The Series 6, 7, 22, 52, 57, 82, 79, and 99 will test the more specific information required for the specific registration categories.

Table showing increase/decrease in number of questions after the restructuring.

If you apply to be a representative on or before September 30th, you will take the current version of the representative exam.

Series 6 Series 7 Series 52 Series 79 Series 82 Series 99

If you apply to be a representative on or after October 1st, you will be required to take the SIE and the updated representative exam.

SIE + Series 6 Top-Off Series 7 Top-Off Series 52 Top-Off Series 79 Top-Off Series 82 Top-Off Series 99 Top-Off

If you are a registered representative and you do not pass the current representative exam, and your next testing date is on or after October 1st, you must take the updated representative exam. Your waiting period will be waived, as the updated exam will be considered a new exam.

Series 6 Top-OffSeries 7 Top-Off Series 52 Top-Off Series 79 Top-OffSeries 82 Top-OffSeries 99 Top-Off

If you are not a registered representative and you do not pass the current representative exam, and your next testing date is on or after October 1st, you will be required to take the SIE and the updated representative exam. Your waiting period will be waived, because the SIE and updated exams will both be new exams.

SIE+Series 6 Top-OffSeries 7 Top-Off Series 52 Top-Off Series 79 Top-OffSeries 82 Top-OffSeries 99 Top-Off

If your registration lapsed between October 1st, 2014 and September 30th, 2018, and you pre-register within four years of your last registration, you will not need to take the SIE. You will, however, take the updated version of the exam.

Series 6 Top-OffSeries 7 Top-Off Series 52 Top-Off Series 79 Top-OffSeries 82 Top-OffSeries 99 Top-Off