Series 53 Exam Information

Series 53 Exam Overview & FAQs

The Series 53 Exam

The Series 53 exam also known as the Municipal Securities Principal Qualification exam is designed to evaluate the industry knowledge needed to supervise a securities firm or a bank dealer’s municipal securities activities.

Series 53 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 53 exam.

After the Series 53

Upon successfully passing the Series 53 Exam, professionals in the field can supervise the municipal securities activities of a bank dealer or securities firm with regard to underwriting, trading or selling.    

Series 53 FAQ

How long is the Series 53 Exam?

Exam takers have up to 3 hours to complete the test.

What is a passing score for the Series 53 exam?

A score of 70% or more is considered passing.

Are there prerequisites for the Series 53 exam?

Yes. In order obtain a Series 53 license, you must have already passed the SIE & Series 52 exams.  

What do I bring to take the Series 53 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 53 good for?

The Series 53 license expires after 2 years, but can be renewed.

What if I fail the Series 53 exam?

If you should fail the Series 53 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.