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200+ Free Series 14 Practice Questions

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65-70% Pass Rate
200+ Questions
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Questions by Category

Series14-Compliance-Operations50 questions
Series14-Trading-Settlement40 questions
Series14-Sales-Practices40 questions
Series14-Registration32 questions
Series14-Financial-Crimes20 questions
Series14-Reporting-Recordkeeping18 questions
2026 Statistics

Key Facts: Series 14 Exam

65-70%

First-Time Pass Rate

Industry estimate

70%

Passing Score

~77/110 questions

60-100 hrs

Study Time

Recommended

25%

Compliance Operations

Largest section

$350

Exam Fee

FINRA

3 hours

Exam Duration

FINRA

The Series 14 exam has an estimated pass rate of 65-70% for first-time candidates. It requires 70% (approximately 77/110 questions) to pass in 3 hours. The exam is comprehensive, covering compliance operations (25%), trading and settlement (20%), registration (15%), sales practices (20%), AML (10%), and regulatory reporting (10%). No prerequisites are required, though it's typically taken by experienced compliance professionals. Plan for 60-100 hours of study.

About the Series 14 Exam

The Series 14 qualifies compliance officers to supervise general securities activities at broker-dealers. It covers compliance operations, trading supervision, registration requirements, sales practices, AML, and regulatory reporting.

Questions

110 scored questions

Time Limit

3 hours

Passing Score

70%

Exam Fee

$350 (FINRA)

Series 14 Exam Content Outline

25%

Compliance Operations and General Supervision

Supervisory systems, Written Supervisory Procedures, inspections, risk management

20%

Trading, Settlement, and Financial Reporting

Trade supervision, settlement, net capital, customer protection, financial reporting

15%

Registration and Licensing

Registration requirements, continuing education, Form U4/U5, branch supervision

20%

Sales Practices

Suitability, communications, outside business activities, gifts and entertainment

10%

Financial Crimes and AML

AML compliance, CTRs, SARs, fraud prevention, OFAC

10%

Regulatory Reporting and Recordkeeping

Record retention, FOCUS reports, regulatory filings, examinations

How to Pass the Series 14 Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 110 questions
  • Time limit: 3 hours
  • Exam fee: $350

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

Series 14 Study Tips from Top Performers

1Master Written Supervisory Procedures (WSPs) - understand the requirements under FINRA Rule 3120
2Know the four pillars of supervision: establish policies, assign responsibility, inspect, and enforce
3Study net capital requirements (SEC Rule 15c3-1) and customer protection (SEC Rule 15c3-3)
4Understand AML compliance including CTRs, SARs, and the Bank Secrecy Act
5Review suitability rules including FINRA Rule 2111 and Regulation Best Interest
6Know registration requirements including Form U4, U5, and continuing education
7Understand trade reporting requirements and settlement procedures (T+1)
8Master record retention requirements under SEC Rule 17a-4

Frequently Asked Questions

What is the Series 14 exam?

The Series 14 is FINRA's Compliance Official Qualification Examination. It qualifies individuals to supervise general securities activities and oversee regulatory compliance at broker-dealers. The exam covers compliance operations, trading supervision, registration, sales practices, AML, and regulatory reporting. It is typically taken by compliance officers, supervisors, and principals responsible for firm-wide compliance.

What is the Series 14 pass rate?

The Series 14 exam has an estimated pass rate of 65-70% for first-time test-takers. The exam has 110 questions (100 scored + 10 unscored pretest) with a 70% passing score (approximately 77 correct answers), taken over 3 hours. The comprehensive nature of the exam and its focus on detailed compliance knowledge contribute to the pass rate.

What are the prerequisites for the Series 14?

There are no formal prerequisites for taking the Series 14 exam. Unlike other FINRA exams, you do not need to pass the SIE first. However, the exam is typically taken by experienced compliance professionals who are familiar with broker-dealer operations. To become registered, you must be associated with a FINRA member firm.

How long should I study for Series 14?

Plan for 60-100 hours of study over 6-10 weeks. Focus on understanding FINRA rules, SEC regulations, and supervisory requirements. Pay special attention to Written Supervisory Procedures, net capital requirements, AML compliance, and suitability rules. Complete at least 200 practice questions and score 80%+ consistently before scheduling your exam.

How is the Series 14 different from the Series 24?

The Series 14 is focused specifically on compliance and supervision, while the Series 24 (General Securities Principal) is broader and covers all aspects of general securities supervision including underwriting and trading. Many compliance officers hold both qualifications. The Series 14 is more specialized for compliance roles, while the Series 24 is for general principals.

What are the main topics on the Series 14?

The main topics are: Compliance Operations (25%), Trading and Settlement (20%), Sales Practices (20%), Registration and Licensing (15%), Financial Crimes and AML (10%), and Regulatory Reporting (10%). The exam tests your knowledge of FINRA rules, SEC regulations, and industry best practices for compliance supervision.