Series 99 - FINRA Operations Professionals Exam

• About the Series 99

• What does a Series 99 license allow me to do?

  The FINRA Operations Professionals Exam (Series 99) measures the knowledge of entry-level registered representatives to perform their duties as operations professionals. Duties include client onboarding, financial control, stock loan/securities lending, and trade confirmation and account statements.

• Are there any prerequisites for the Series 99?

  You will also be required to take the Securities Industry Essentials (SIE) exam, unless you have passed certain other licensing exams prior to October 1st, 2018. 

  If you need to take the SIE exam, check out Solomon Exam Prep SIE study materials.

  
  

• Preparing for the Series 99 Exam

• How long should I prepare for the Series 99 exam?

  We recommend studying 60-80 hours over a four-week period.

• How do I prepare for the Series 99 exam?

  Solomon offers a complete Series 99 study program, which includes digital Study Guide, Exam Simulator, and Video Lecture. Visit the Solomon Series 99 product page to learn more.
  

• Taking the Series 99 Exam

• Do I need to be sponsored to take the Series 99 exam?

  Yes, to take the Series 99 and any other FINRA exam, you must be sponsored by a FINRA member firm.

• How many questions are on the Series 99 exam?

  The exam consists of 50 scored and five un-scored questions, for a total of 55 questions. The five un-scored questions are being tested by the exam committee and are randomly distributed so test-takers do now know which ones they are.

• How long is the Series 99 exam?

  You have 90 minutes to complete the exam.

• Where can I take the Series 99 exam?

  You must take the exam at a Prometric test center. Look for a test center and schedule your exam appointment online on the Prometric website.

• How much does the Series 99 exam cost?

  The cost of the exam is $60 at the time of this writing.

• What score do I need to pass the Series 99 exam?

  A score of 68% is required for passing. 

  Note: Your score will be rounded down to the next lowest whole number (e.g. 67.9% would be a final score of 67%--not a passing score for the Series 99 exam).

• Registration

• If I stop working for my firm, how long will my Series 99 license remain active?

  You will have two years between jobs before the license expires.

  When you cease working for a firm, your employer will file a Form U5 to terminate your registration. Your next employer will file a Form U4, which will re-register you. As long as you do not exceed two years between employers, your Series 99 license will remain active. 

General exam questions? See our general FAQs.

For information about Solomon Series 99 exam study materials, please click here.