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Implementation begins June 12, 2023.",{"@graph":14,"@context":77},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/nasaa-announces-passing-scores-associated-with-new-exam-test-specifications-june-implementation/390602/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/nasaa-announces-passing-scores-associated-with-new-exam-test-specifications-june-implementation/390602.png","ImageObject",300,407,{"name":42,"@type":43},"Jacob","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-04","2026-09-25",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",7,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69,73],{"name":60,"@type":61,"acceptedAnswer":62},"When do the new NASAA test specifications and scoring changes take effect?","Question",{"text":63,"@type":64},"They take effect beginning June 12, 2023.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"What are the current passing score requirements for Series 63 and Series 66?",{"text":68,"@type":64},"Series 63 requires 43 of 60 questions correct, and Series 66 requires at least 73 of 100 correct.",{"name":70,"@type":61,"acceptedAnswer":71},"How is the passing score for the Series 65 examination changing?",{"text":72,"@type":64},"Series 65 will require at least 92 of 130 correct answers, revising the prior requirement from 94 of 130.",{"name":74,"@type":61,"acceptedAnswer":75},"Did the exam content change significantly with the updated specifications?",{"text":76,"@type":64},"No dramatic shift occurred; 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As a result of this content review, NASAA will be updating the test specifications for each of its examinations to better reflect the knowledge needed by broker-dealer agents and investment adviser representatives in today’s ever-changing financial industry.  \n“This analysis was a detailed process that is extremely important to maintaining the integrity and relevancy of state securities exams. I am pleased with the outcome and look forward to the June implementation,” says Elizabeth Bowling, Chair of NASAA Exams Advisory Committee and Tennessee Department of Commerce and Insurance’s Assistant Commissioner, Securities Division.  \nThe committee recently analyzed the new test specifications to determine what adjustments, if any, are needed when the new specifications go into effect. As a result of this work, the current passing scores will remain the same for the Series 63 and Series 66 examinations. Currently, to pass the Series 63, candidates must answer 43 of the 60 questions correctly, and at least 73 questions out of the 100 on the Series 66.  \nThe passing score of the Series 65 examination will be revised to require at least 92 out of 130 questions are answered correctly. This change would lower the current passing score from 94 out of 130 and allow for a passing grade of 70 percent, down from 72 percent.  \nThe test specifications for each examination have been updated; however, the content of the examinations has not dramatically shifted. New topic areas were added while others were modified or deemphasized. The new test specifications can be found here.  \nNASAA will implement the new test specifications and scoring changes beginning June 12, 2023.  \n– NASAA–  \nAbout NASAA:  \nOrganized in 1919, the North American Securities Administrators Association (NASAA) is the oldest international organization devoted to investor protection. NASAA is a voluntary association whose membership consists of the securities regulators in the 50 states, the District of Columbia, Puerto Rico, the U. S. Virgin Islands, the 13 provincial and territorial securities regulators in Canada, and the securities regulator in México. For more information, [visit](visit www.nasaa.org)[ www.nasaa.org](visit www.nasaa.org).  \nFor More Information:  \nFred Baldassaro, Director of Communications [fbaldassaro@nasaa.org](fbaldassaro@nasaa.org | 202-737-0900)[ | 202-737-0900](fbaldassaro@nasaa.org | 202-737-0900)  \nKaren Grajales, Communications and Investor Outreach Manager [kgrajales@nasaa.org](kgrajales@nasaa.org | 202-737-0900)[ | 202-737-0900](kgrajales@nasaa.org | 202-737-0900)","cbCaingOqfwTiqdc","https://ap.wps.com/l/cbCaingOqfwTiqdc","pdf",482857,"English","# Passing score and test specification updates\n## Effective date and scope\n## Series 63 and Series 66 unchanged passing scores\n## Revised Series 65 passing score\n## Test specification content changes","[{\"question\":\"When do the new NASAA test specifications and scoring changes take effect?\",\"answer\":\"They take effect beginning June 12, 2023.\"},{\"question\":\"What are the current passing score requirements for Series 63 and Series 66?\",\"answer\":\"Series 63 requires 43 of 60 questions correct, and Series 66 requires at least 73 of 100 correct.\"},{\"question\":\"How is the passing score for the Series 65 examination changing?\",\"answer\":\"Series 65 will require at least 92 of 130 correct answers, revising the prior requirement from 94 of 130.\"},{\"question\":\"Did the exam content change significantly with the updated specifications?\",\"answer\":\"No dramatic shift occurred; new topic areas were added and others were modified or deemphasized.\"}]","NASAA Announces Passing Scores Associated with New Exam Test Specifications - June Implementation | PDF",1790336740]