Series 99 - FINRA Operations Professionals Exam

What does a Series 99 license allow me to do?

The Series 99 measures the knowledge of entry-level persons regarding duties related to operations including client on-boarding, financial control, stock loan/ securities lending, and trade confirmation and account statements.

How long should I prepare for this exam?

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

What score do I need to pass the 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).

How many questions are on the exam?

100 (scored) plus ten (un-scored). The ten 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 exam?

Two and a half hours.

Are there other FINRA exams I need to complete as a prerequisite to attempting the Series 99?


How much does the exam cost?

The cost of the exam is $130 at this writing.

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.

I used Solomon Exam Prep for both the Series 7 and the 66 which I took within a couple of months of each other. I smoked both tests with an 85% and an 88%. Well above the passing score. The books have just enough humor to keep things interesting and the practice tests and quizzes are phenomenal. If you want to get the most out of these programs pound out as many practice test as you can.

K. Nick Thoeni, Gilroy, CA

I studied for the Series 6 with the STC material and failed the exam. I then was provided with the Solomon material and passed! The Solomon material aligned very nicely with the actual exam which was very helpful. Also, Their customer service is out of this world! The President of the company even helped visa email and phone calls with study recommendations. I am now going to use their study material as I prepare for the Series 63. I LOVE Solomon! Thank you so much for your care, support and guidance. I have also recommended that our company use the Solomon material for all exams.

Valerie Nolan, Cetera, Forest Grove, OR