Series 65
Series 65 definition - finance
A
test, also known as the Investment Advisor
Examination, that must be passed in order to obtain a general securities
license. This test focuses on knowledge of the Securities and Exchange
Commission (SEC) rules that financial planners need to know, not on actual
financial knowledge. This license is less well-known than Series 6 (mutual
funds), Series 7 (general securities), and Series 63 (Blue Sky Law). However, financial
planners must be registered with the SEC, so they have all taken the Series 65
exam. The license is issued by the National Association of Securities Dealers
(NASD) after the applicant passes the test. There are no continuing education
requirements for this license.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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