N.M. Code R. § 12.11.2.10

Current through Register Vol. 35, No. 11, June 11, 2024

Section 12.11.2.10 - EXAMINATION REQUIREMENTS - AGENTS

Each applicant for initial registration as a broker-dealer or agent is required to pass with a grade of at least 70 percent, within two years prior to the date the application for registration is filed in this state, the uniform securities agent state law examination (series 63) or uniform combined state law examination (series 66), and one of the general securities examinations in Subsection A below, unless the applicant's proposed securities activities will be restricted, in which case the applicant is required to pass, in addition to the series 63 or series 66 examination, each examination in Subsections B to I of this section that relates to the applicant's proposed securities activities:

A. FINRA non-member general securities examination (series 2) or, in the case of applicants registered with FINRA, the general securities registered representative examination (series 7);

B. investment company products/variable contracts representative examination (series 6);

C. limited registered representative examination (series 17);

D. direct participation program representative examination (series 22);

E. municipal securities representative examination (series 52);

F. corporate securities representative examination (series 62);

G. government securities limited representative qualification examination (series 72);

H. Canada modules of the series 7 examination (series 37 and 38);

I. Japan module of the series 7 examination (series 47).

N.M. Code R. § 12.11.2.10

12.11.2.10 NMAC - Rp, 12.11.2.10 NMAC, 1-1-2010