Free Series 9/10 Exam Flashcards
Memorize 50 essential terms and definitions for the Series 9/10 General Securities Sales Supervisor Exam. See the term, recall the definition, then flip to check yourself.
Registered Options Principal (ROP)
A supervisory position required to approve options accounts, review options correspondence, and supervise options trading activities. Must pass Series 4 exam and be designated by the firm to perform these functions.
Filter by Topic
Jump to Card
About These Series 9/10 Flashcards
These 50 flashcards are designed to help you memorize key terms and definitions for the Series 9/10 General Securities Sales Supervisor Exam. Each card shows a term on the front and its definition on the back—the classic flashcard format for vocabulary memorization. Use these alongside our practice questions to build both recall and comprehension.
Topics Covered
Frequently Asked Questions
What is the Series 9/10 exam pass rate?
The Series 9 and Series 10 exams both have estimated pass rates of approximately 70-75%. Note that test-takers are typically experienced professionals with years of Series 7 experience, so a 70% pass rate among this group indicates challenging exams. The Series 9 requires 38/55 correct (70%) and the Series 10 requires 102/145 correct (70%). Combined exam fees total approximately $200.
What's the difference between Series 9 and Series 10?
Series 9 (55 questions, 90 minutes) focuses on options supervision, covering options account approval, strategy suitability, and position limits. Series 10 (145 questions, 4 hours) covers general securities supervision including compliance procedures, sales practices, record keeping, and branch office management. Both are required for the General Securities Sales Supervisor (SU) registration. You can take them in any order within your 120-day enrollment window.
Who needs the Series 9/10 license?
The Series 9/10 is required for individuals who supervise general securities sales activities, including: branch managers overseeing registered representatives, compliance officers reviewing securities transactions, principals approving options accounts and complex trades, and supervisors responsible for training sales staff. Prerequisites include the SIE and Series 7 (or equivalent representative-level exam).
How long should I study for Series 9 and 10?
Plan for 100-150 total hours: approximately 40-45 hours for Series 9 (over 3-5 weeks) and 70-80 hours for Series 10 (over 6-8 weeks). Many candidates take Series 9 first since it's shorter and builds confidence. Given the exams' combined 200 questions and specialized supervisory content, this is one of the most time-intensive FINRA exam combinations.
Can I take Series 9 and 10 on the same day?
Technically possible but not recommended. The Series 9 is 90 minutes and Series 10 is 4 hours - that's 5.5 hours of testing in one day. FINRA allows you to take them in any order within your 120-day enrollment window. Most candidates schedule them 2-4 weeks apart to allow focused preparation for each exam's distinct content areas.
What are the prerequisites for Series 9/10?
To take the Series 9/10, you must: (1) be associated with and sponsored by a FINRA member firm, (2) have passed the SIE exam, and (3) have passed the Series 7 exam (or hold an equivalent qualification like the former Series 8). The Series 9/10 is a 'top-off' exam for experienced representatives moving into supervisory roles, typically requiring 2+ years of industry experience.