Series 66 breakdown accurate?

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Sep 6, 2006 5:16 pm

Hi, I have just passed the 7 and take the 66 Tuesday. I have read through the material once but dont feel comfortable with it yet. STC book indicates the following breakdown. Would you consider this rather accurate?  The rest of this week and weekend is dedicated to practice test. I will be using only STC material. Is there any particular areas to focus on while studying? Tips tactics notes to memorize/write down before you start taking test etc. I used a lot of acronymns and formulas when I went in for 7. I dont think that can really apply here but if someone used anything like that I'm all ears.


Questions


50 Blue Sky


20 Ethical Practices


20 Investment Analysis


10 Federal Security

Sep 6, 2006 6:06 pm

One more question: Does the 66 have a a lot of questions where you are choosing from the choices below or similar variations? or none of the above. I am noticing in the practice questions that there seems to be more questions like that or is it just my imagination?



I & IV


I  & III


II & IV


II & III

Sep 7, 2006 12:13 am

Yes they do have very many questions like that, and thats where it gets tricky because half of the other answer choices will also seem right. So choose the one that deems most appropriate.

Sep 7, 2006 7:27 am
azmalu:

Hi, I have just passed the 7 and take the 66 Tuesday. I have read through the material once but dont feel comfortable with it yet. STC book indicates the following breakdown. Would you consider this rather accurate?  The rest of this week and weekend is dedicated to practice test. I will be using only STC material. Is there any particular areas to focus on while studying? Tips tactics notes to memorize/write down before you start taking test etc. I used a lot of acronymns and formulas when I went in for 7. I dont think that can really apply here but if someone used anything like that I'm all ears.


Questions


50 Blue Sky


20 Ethical Practices


20 Investment Analysis


10 Federal Security



Of course that is an accurate breakdown--why in the world would STC present something that was not a realistic presentation of the exam.


In your other question you asked about Roman numeral type questions--the reality is that a huge portion of 65 and 66 are Roman numeral questions.  A much larger percentage than any other exam.


These exams are failed in huge numbers for two chief reasons.  First is that the candidates, normally fresh off a Series 7 passing score, underestimate the challenge.


The second reason, and an even more critical problem, is that the questions are "different."  What is meant by this is that they are written by, and refined by, a completely different set of people.  It's not an NASD exam--it's a North American State Securities Association exam.


Series 7 is written by people in the industry--Series 65 and 66 are written by professional test writers with a lot of input from regulators.  That does not mean they're necessarily more difficult, just that they don't have the style used on NASD exams.


A common misception in the exams is that there is often more than one correct answer and you have to select the "best one."  That's not true--there is NEVER a second choice that is correct.  It's just that the differences are very subtle, but they are real.


If you're using STC stuff you'll be fine--it's not the best material out there for this exam but it's very good.  I don't know how many sample questions they're providing you with, but however many they are do NOT go take the exam if you have not done them ALL at least once.


If you're sitting at the test staring at a question that you've never seen before it's your fault if that exact same question is in the STC material but you got bored and decided to go get laid instead of studying.

Sep 7, 2006 9:42 am
NASD Newbie:

A common misception in the exams is that there is often more than one correct answer and you have to select the "best one."  That's not true--there is NEVER a second choice that is correct.  It's just that the differences are very subtle, but they are real.



Thank you for this information.  I’m taking the test on Thursday.  A number of people have told me that some of the answers on the 66 are subjective.  I’ve assumed that those who told me that missed some nuances and that there was really only one correct answer.  What I’m not so sure about and I would like feedback on is the CFP exam.  Are those questions subjective or are there subtleties that make it so there is really only one answer?<?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />


 
NASD Newbie:

If you're sitting at the test staring at a question that you've never seen before it's your fault if that exact same question is in the STC material but you got bored and decided to go get laid instead of studying.



You only need a 71 to pass.  That leaves plenty of time to get laid instead of studying.


--WM

Sep 7, 2006 11:25 am

nasd newbie..Do you ever respond without being a smart_ _ _ . lol... Is it not possible that the breakdown has changed some since last printing?....Anyways thanks for the input. There are 5 Q A. One simulated 5 Closed book One simulated and then a greenlight exam. I hope they get harder as take more today like everyone says that 9-13 are on S7 material from STC.


If I could get my hands on any other material between today(thursday) and next week Tuesday what would you suggest?   

Sep 7, 2006 3:00 pm
azmalu:

nasd newbie..Do you ever respond without being a smart_ _ _ . lol... Is it not possible that the breakdown has changed some since last printing?....Anyways thanks for the input. There are 5 Q A. One simulated 5 Closed book One simulated and then a greenlight exam. I hope they get harder as take more today like everyone says that 9-13 are on S7 material from STC.


If I could get my hands on any other material between today(thursday) and next week Tuesday what would you suggest?   



stop posting and get to work on the practice tests!

Sep 7, 2006 4:02 pm
azmalu:

nasd newbie..Do you ever respond without being a smart_ _ _ . lol... Is it not possible that the breakdown has changed some since last printing?....Anyways thanks for the input. There are 5 Q A. One simulated 5 Closed book One simulated and then a greenlight exam. I hope they get harder as take more today like everyone says that 9-13 are on S7 material from STC.


If I could get my hands on any other material between today(thursday) and next week Tuesday what would you suggest?   



If you could get a copy of PassPerfect's Series 66 it would be worth doing--but ONLY if you've already done the STC questions at least twice.

Sep 8, 2006 1:36 pm

If you saw this question what would be your first thought?


A client's spouse wishes to buy stock in the client's account. Under the Uniform Securities Act, which of the following is TRUE?



The agent is at risk if the stock declines.
This is a normal, acceptable practice.
The spouse must have a trading authorization in the account.
Under no circumstances can a spouse place orders in the other spouse's account.
Sep 8, 2006 1:43 pm

I bought the Pass Perfect cd as a supplement to my STC materials and they helped with some of the vague questions. I actually had one question pop up on the real exam that was nearly word for word. Unfortunately for me I didn't know about Pass Perfect till AFTER I failed the test.

Sep 8, 2006 1:44 pm

A friend let me borrow their Dearborn stuff which also helped with some of the tricky questions. The good thing about Pass Perfect and Dearborn databank is that they give an explanation for each answer choice not just the correct answer.

Sep 8, 2006 2:08 pm
azmalu:

If you saw this question what would be your first thought?



3.


Am I missing something?

Sep 8, 2006 2:35 pm

You're right My wrong first though was D. Obviously if the wife obtains permission it could be done but my rationale was based on current status. I know that was probabbly one of the easier questions but I'm a little concerned now since my test is Tuesday. Trying to take as many practice test this weekend


STC explains answers but for some reason doesnt reference section like it did in Series 7. I would have a tendency to go back and reread section. slkgirl did you end up taking it this month and passing or taking a break? 

Sep 8, 2006 2:37 pm
azmalu:

slkgirl did you end up taking it this month and passing or taking a break? 



Beam me up Scotty.

Sep 8, 2006 2:37 pm

slkgirl ...I hate not being able to edit post...found the other thread where you said you passed CONGRATS? Im sure you are glads its over...now insurance and futures right? or are you done testing for a while?

Sep 10, 2006 8:43 pm

Choice 3 was what first came to mind as well. Azmalu, not sure if you posted, but,did you pass your test?


azmalu:

If you saw this question what would be your first thought?


A client's spouse wishes to buy stock in the client's account. Under the Uniform Securities Act, which of the following is TRUE?



The agent is at risk if the stock declines.
This is a normal, acceptable practice.
The spouse must have a trading authorization in the account.
Under no circumstances can a spouse place orders in the other spouse's account.
Sep 11, 2006 1:24 pm

xbabygirlx my exam is tomorrow....Im not liking this material at all....Slkgirl...do you remember having any questions using the Standard Dev. formula , Future Value or Present Value. I just asked someone else in here and he said he didnt need calculator at all or those formulas.

Sep 14, 2006 2:30 am

Azmalu....did you pass? How did it go?