| EXAM APPLICATION | ||||||
|
Sponsored Securities Exams |
Your sponsoring firm must
file an application form (Form U4), along with the appropriate
testing and registration fees (both federal and state) on your
behalf. Upon receipt of your application and fees, the NASD will send your sponsoring firm an enrollment confirmation, which will be valid for 90 days. You will be required to schedule your examination within that 90-day period. |
|||||
|
Unsponsored Securities Exams |
Certain securities licenses do not require prior authorization from NASD. In other words, affiliation with an NASD member firm is not necessary. Unsponsored exams include the Series 3, Series 30, Series 31, Series 63 and Series 65. If such is the case with the license you seek, then the responsibility for proper exam registration and scheduling lies with you. In order to register, you must submit Form U-10 (Uniform Examination Request for Non-NASD Candidates) along with the apporpriate testing fee to the NASD. | |||||
|
NASD Contact |
You may obtain a Form U10
application from: NASD, Inc. 9513 Key West Ave., Rockville, MD. 20850 (301) 590-6500 |
|||||
|
Exams Administration |
NASD examinations are administered
on the PROCTOR computerized testing system. PROCTOR is a nationwide,
interactive computer system designed for the administration and
delivery of qualification examinations. When you have completed the exam, the PROCTOR System promptly scores your answers and within minutes displays a grade for the exam on the terminal screen. |
|||||
|
Fee Schedules |
NASD Registration Application
Fee - $85.00 NASD Fingerprint Processing Fee - $24.50 NASD SPR Fee - $95.00 This fee covers the processing of Form U-4 filings that require special Registration Review due to either a yes answer on pg. 3 of the U-4 or disciplinary info. in the individual's CRD record. Examination Fees: Series 6 - $60.00 Series 7 - $150.00 Series 63 - $65.00 Series 26 - $75.00 Series 24 - $75.00 |
|||||
|
Exam ID |
Take one form of personal
identification that bears your signature and your photograph as
issued by a government agency. You are not allowed to take reference
materials or anything else into the testing area. Calculators will
be available upon request; you will not be allowed to use your
personal calculator. Scratch paper and pencils will be provided by the testing center. |
|||||
|
Schedule an Exam. |
In order to take an examination
you must first become enrolled on the PROCTOR System. Your firm
must have filed an application and an examination fee with the
NASD. In return you will receive an PROCTOR enrollment or confirmation
of enrollment, along with a listing of current PROCTOR test centers.
This confirmation of enrollment has an expiration date, and you
must take your examination prior to that date. You cannot schedule an appointment if you are not enrolled, and you cannot schedule a test beyond the 90-day enrollment period. The staff of a test center cannot help you if your enrollment does not exist or it has expired. You will need to reapply to the NASD by filing another application and another testing fee before you can be re-enrolled on the system. You may schedule your test date by calling the national number at 800-578-6273. |
|||||
|
Cancelling Apointments |
NASD prohibits making extensions on examination. If you have made an appointment and you find that you cannot make the test date scheduled, it is imperative that you cancel your appointment with the test center properly, or you may incur additional fees. Under NASD guidelines, an appoint cancellation will be considered timely if effected according to the following schedules: | |||||
|
|
If appointment is scheduled for: | Cancellation must be made before noon on: | ||||
| Monday | Thrusday of the preceeding week. | |||||
|
|
Tuesday | Friday of the preceeding week. | ||||
|
|
Wednesday | Monday of the preceeding week. | ||||
|
|
Thursday | Tuesday of the preceeding week | ||||
|
|
Friday | Wednesday of the preceeding week | ||||
|
|
If you follow the guidelines provided, you may cancel or reschedule your examination without penalty. If you do not, the NASD will charge member-firms a cancellation fee equal to the amount of the examination fee. The same cancellation fee will be charged if you do not show up for an appointment, or if you arrive too late to take the examination. You will be considered too late if your arrival and subsequent testing will upset the schedule for the test center for that date. | |||||
|
Exam Sites |
The examinations are given
in over fifty locations around the country in what are called Professional
Development Centers. These centers, which are normally open from
Monday through Friday, only administer the examinations based upon
information received from the NASD; therefore, if you encounter
problems at a testing center, you will usually have to resolve
them with the NASD. The following test center locations are subject to change by the NASD. Always consult the most recent schedule of locations, which will be provided to you with your examination confirmation. If you have any questions you may direct them to the NASD at (301) 590-6500. |
|||||
|
|
Alabama | Birmingham | Arizona | Phoneix, Tucson | ||
|
|
Arkansas | Little Rock | ||||
|
|
No. California | Piedmont, Sacramento, San Francicso, San Jose, Santa Rosa | So. California | Anaheim Hills, Brea, Culver City, Diamond Bar, Gardena, Garden Grove, Glendale, Irvine, La Jolla, Rancho Cucamonga, Redlands, Riverside, San Diego, Santa Monica, Westlake Village | ||
|
|
Colorado | Boulder, Colorado Springs, Denver, Littleton, Pueblo | Connecticut | Glastonbury, Nowarlk. | ||
|
|
Florida | Miami Lakes, Maitland | Georgia | Atlanta | ||
|
|
Illinois | Chicago, Nomal | Indiana | Indianapolis | ||
|
|
Iowa | West Des Moines | Kansas | Overland Park | ||
|
|
Kentucky | Louisville | Louisana | New Orleans | ||
|
|
Maryland | Townson | Masachusetts | Waltham | ||
|
|
Michigan | Southfield | Minnesota | Bloomington | ||
|
|
Missouri | St. Louis | Nebraska | Omaha | ||
|
|
New Jersey | Reseland | New Mexico | Albuquerque | ||
|
|
New York | Melville, New York, Fairport | North Carolina | Charlotte | ||
|
|
Ohio | Cincinnati, Independence, Dublin | Oklahoma | Oklahoma City | ||
|
|
Oregon | Lake Oswego | Pennsylvania | Allenton, Harriburg, Philadelphia, Pittsburgh | ||
|
|
Tennesssee | Memphis, Nashville | Texas | Dallas, Houston, San Antonio | ||
|
|
Utah | Salt Lake City | Virginia | Alexandria, Richmond, Roanoke, Virginia Beach | ||
|
|
Washington | Bellevue | Wisconsin | Wauwatosa | ||
