Series 51 Exam Information
Series 51 Exam Overview & FAQs
The Series 51 Exam
The Series 51 exam also known as the Municipal Fund Securities Limited Principal Qualification exam evaluates the knowledge level of MSRB (Municipal Securities Rulemaking Board) regulations and how to apply them with regard to the selling and trading of municipal fund securities.
Series 51 Exam Difficulty Level
Any professional exam in the Financial Services industry is not easy and includes many concepts that test takers must be able to show a satisfactory level of competency. Many people pass the first time, but others need a second attempt to complete the task. The study and exam tools available through Pass Perfect have been proven to be a highly effective method to prepare for the Series 51 exam.
After the Series 51
Upon successfully passing the Series 51 Exam, professionals in the field can sell municipal fund securities or supervise people or organizations that do.
Series 51 FAQ
How long is the Series 51 Exam?
Exam takers have up to 1 hour 30 minutes to complete the test.
What is a passing score for the Series 51 exam?
A score of 70% or more is considered passing.
Are there prerequisites for the Series 51 exam?
Yes. In order obtain a Series 51 license, you must have already passed the Series 24 or Series 26 exam.
What do I bring to take the Series 51 exam?
Upon arriving at the test center, you will asked to show one form of a government issued ID that contains a signature and photo. All personal belongings will be stored in a locker and you will be escorted to the test area by a staff member. You will then be furnished with any needed materials to take the exam.
How long is the Series 51 good for?
The Series 51 license expires after 2 years, but can be renewed.
What if I fail the Series 51 exam?
If you should fail the Series 51 exam, it is important that you reevaluate the methods you used to prepare for the test. Pass Perfect offers many tools to help you successfully pass the exam.