The Municipal Securities Rulemaking Board’s (MSRB) Municipal Advisor Representative Qualification Exam (Series 50) will be administered as a pilot exam January 15, 2016 – February 15, 2016. The exam registration window will be available beginning on September 21, 2015 and closing on January 14, 2016. During the enrollment window, municipal advisors can use the Financial Industry Regulatory Authority’s (FINRA) Form U10 to enroll their municipal advisor professionals. For more information regarding the Series 50 pilot exam, see the MSRB’s Regulatory Notice 2015-15.
Series 50 Pilot Exam | |
Exam Window | January 15 – February 15, 2016 |
Enrollment Window | September 21, 2015 – January 14, 2016 |
Cost | $265 |
Number of Questions | 120 |
Test Time | 240 minutes (with an additional 30 minutes for a tutorial on how to complete the computerized exam) |
Test Results | Test results will be mailed to candidates 8-12 weeks following the pilot |