Section 16-39-423 - Examination requirements(a) Unless specifically exempt, every applicant for registration as a securities agent shall be required to pass a written examination that tests the applicant's knowledge of the securities business.(b) The examination requirement of subsection (a) shall be deemed satisfied upon evidence to the commissioner that the applicant has passed an examination administered by FINRA that is appropriate for the type of business that will be conducted by the agent and FINRA's Uniform Securities Agent State Law Examination.(c) An applicant who has not been registered in any jurisdiction for a period of two consecutive years immediately preceding the date of the application shall be required to comply with the examination requirements of this chapter.(d) Notwithstanding any other provision to the contrary, the commissioner may by order waive the examination requirement if the commissioner determines that the examination is not necessary or appropriate in the public interest or for the protection of investors.[Eff 6/30/08] (Auth: HRS §§ 485A-406, 485A-412, 485A-606) (Imp: HRS §§ 485A-402, 485A-406)