Pass Perfect News

MSRB Series 50 Municipal Financial Advisor Representative Exam Material Now Available!

The new Series 50 Municipal Financial Advisor Representative Exam will start being administered on September 12th, 2016. Municipal advisory firms are now required to register with the MSRB, as are their employees who engage in municipal advisory activities. These employees are now defined as "municipal financial advisor representatives," and as part of the registration requirement, the new Series 50 exam must be passed. The exam consists of 100 multiple choice questions to be completed in 3 hours, with the passing grade set at 71%.

The study outline for this exam goes into extraordinary depth, and covers the intricacies of municipal finance in detail. This is not an easy exam! We have covered the content of the study outline in our course material, using our 30+ years of experience preparing individuals for MSRB exams to make the study information logical and accessible. The course includes 4 complete simulated Final exams of 100 questions each.

The cost of the study program is $125. Orders will be filled commencing on August 19th.

Major Client Testimonial

Passperfect has received a major testimonial from one of the largest broker dealers in the United States. To explain their choice of Pass Perfect SMART programs for training thousands of candidates annually for Series 7 and Series 66, the client stated the following:

"Competitive training programs cover 80% of the test content, so our students must get 90% correct on that material to pass the exam. With Pass Perfect, 90% of the test content is covered, so our students only need to get 80% on that material to pass the exam."

This gets at the simple truth as to why our SMART interactive training programs are better. SMART programs systematically cover virtually all tested content, adjusting dynamically to the student's strengths and weaknesses. The student's knowledge base is brought to the minimum competency level needed to pass the exam in the minimum amount of time. Students using SMART 7 training who are green-lighted by the program have a better than 95% first-time pass rate.

Series 63, 65, 66 Supplement For July 1st Test Changes Now Available!

We have published a supplement for the additional content that will be tested on the Series 63, 65, and 66 exams, effective July 1st. The Series 63 will now include content on cyber security and social media. The Series 65 and Series 66 include this content, along with new topics on pooled investment funds, private funds, private fund adviser registration and reporting exempt private fund advisers. This additional content is included in the supplement. Anyone who has purchased our study material and who does not test by July 1st can obtain the supplement from us by emailing