MSRB to Launch Permanent Series 50 Exam September 12, 2016.

The Municipal Securities Rulemaking Board (MSRB) will make available the permanent Municipal Advisor Representative Qualification Examination (Series 50) beginning September 12, 2016. As provided for under MSRB Rule G-3, municipal advisor representatives are required to take and pass the Series 50 in order to engage in municipal advisory activities. The score required to pass the Series 50 exam is 71 percent.

Read the regulatory notice.

Refer to FAQs on the Municipal Advisor Representative Qualification Examination (Series 50).

Access information about the Series 50 exam on the MSRB’s website.



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