Pass your actual test at first attempt with FINRA Series6 training material
Updated: Aug 01, 2026
No. of Questions: 325 Questions & Answers with Testing Engine
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| Certification Vendor: | FINRA |
| Exam Name: | Investment Company and Variable Contracts Products Representative Examination (IR) - Series 6 |
| Exam Number: | Series 6 |
| Passing Score: | 70% |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 55 (50 scored, 5 unscored) |
| Exam Price: | USD 75 |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Related Certifications: | Series 6 Top-Off SIE (Securities Industry Essentials) |
| Certificate Validity Period: | No fixed expiration; valid while registration with FINRA member firm is maintained |
| Recommended Training: | FINRA Qualification Exams Overview |
| Exam Registration: | FINRA Series 6 Exam Registration |
| Sample Questions: | FINRA Series6 Sample Questions |
| Exam Way: | Computer-based testing at authorized testing centers (Prometric) or remote proctored where available |
| Pre Condition: | Must be sponsored by a FINRA member firm; SIE is typically required or taken prior to or in conjunction with Series 6 registration |
| Official Syllabus URL: | https://www.finra.org/registration-exams-ce/qualification-exams/series6 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Opens Accounts After Obtaining and Evaluating Customer Financial Profile | 16% | - Customer account types and documentation
|
| Topic 2: Seeks Business for the Broker-Dealer from Customers and Potential Customers | 24% | - Prospecting and communication with clients
|
| Topic 3: Obtains and Verifies Customers' Purchase and Sales Instructions | 10% | - Order processing and transaction procedures
|
| Topic 4: Provides Customers with Information About Investments | 50% | - Investment company securities and variable contracts
|
1. Noah Mete is interested in selling his shares of the Lambchops Corporation, which trades
over-the-counter. The market maker with the best bid price--$3.15--is Veggie Investments. The market
maker with the best ask price--$3.27-is Carnivor Investments. Noah conducts trades in NYSE-listed
stocks through his broker, Omnivor and Associates. Given this scenario, which of the following
statements is true?
A) Noah can sell his shares of Lambchops Corporation at the ask price of $3.27 by contacting Omnivor
and Associates.
B) Noah can sell his shares of Lambchops Corporation at the bid price of $3.15 by contacting Veggie
Investments directly.
C) Noah can sell his shares of Lambchops Corporation at the ask price of $3.27 by contacting Carnivor
Investments directly.
D) Noah can sell his shares of Lambchops Corporation at the bid price of $3.15 by contacting Omnivor
and Associates.
2. Cliff places an order to sell 500 shares of the stock of Gap, Inc. (GPS) via his broker's website. Cliff does
not currently own any shares of GPS. This order is:
A) illegal, and the broker's website will reject it.
B) referred to as a short sale.
C) an example of a stop loss order.
D) indicating that Cliff expects the price of Gap, Inc. to rise.
3. Steel Dynamics (STLD) has a convertible bond issue that matures in four years. The bond has a face
value of $1,000 and pays a coupon of 5.125%, with interest paid semiannually. The conversion ratio is
5 6.9801.If the stock of Steel Dynamics is currently priced at $15 a share, what is the conversion value of
this bond, to the nearest cent?
A) $175.50
B) $569.80
C) $854.70
D) Until it matures, the conversion value of the bond is equal to its face value of $1,000.
4. An exchange-traded fund (ETF):
A) can be structured as either a mutual fund or a unit investment trust.
B) is a type of closed-end investment company.
C) is bought and sold at the net asset value of the fund.
D) charges no management fees.
5. On Friday, August 6th, the Board of Directors of Ecolab (ECI) announced that it would pay a dividend of
$ 0.155 a share to shareholders of record as of Tuesday, September 21st.The dividend checks were
scheduled to be mailed on Friday, October 15th.In this scenario, the ex-dividend date is:
A) Friday, August 6th.
B) Tuesday, September 21st.
C) none of the above.
D) Friday, September 17th.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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