
Series 6 practice exam
The Series 6 exam - the Investment Company and Variable Contracts Products Representative Qualification Examination (IR) - is designed to test the competency of an entry-level candidate to perform their job as an investment company and variable contracts products representative. The exam seeks to measure the degree to which each candidate can perform the critical functions of such a representative, and ensure that all proper rules and regulations are followed in the candidate's execution of the role.
The Series 6 exam was created to qualify candidates as Investment Company and Variable Contracts Products representatives. The exam seeks to measure the degree to which each candidate can perform the critical functions of such a representative, and ensure that all proper rules and regulations are followed in the candidate's execution of the role.

Contacting current and potential customers by any method. Developing promotional and advertising material, and seeking appropriate approvals to distribute them. Describing investment products and services to current and potential customers with the intent of soliciting business.
Informing customers of the types of accounts and providing appropriate disclosures. Obtaining and updating customer information and documentation, including required legal documents and suspicious activity. Obtaining customer investment profile information. Obtaining required supervisory approvals.
Providing customers with investment strategies, risks and rewards, and relevant market and investment research data. Reviewing customer investment profiles to determine investment recommendations. Providing required disclosures regarding investment products and their risks. Communicating with customers about their accounts and maintaining documentation.
Providing current quotes, processing and confirming customer transactions including regulatory requirements, and informing customers of delivery obligations and settlement procedures. Informing the appropriate supervisor and assisting in resolution of disputes or errors.


