You have worked through the whole book. This chapter is the condensed version of all of it: every unit boiled down to the must-know facts, the numbers to memorize, the mnemonics, and the gotchas the exam loves to test.
Think of it as the rapid-fire recap at the end of each podcast, gathered into one place for the days right before test day.
How to Use It
- In your final week, read one or two review units a day, then close the tab and see how much you can recall.
- The morning of the exam, skim the "Numbers to Lock In" tables and the "Top Gotchas" in each section. On a law exam like this one, that is where points are won and lost.
- Pair it with a Practice Exam. Anything the review sheet reminds you that you forgot is a signal to run a Custom Quiz on that unit.
This is a recap, not a first pass. If a section shows you a topic you have never seen, go back to the full unit and study it properly before relying on the cram sheet.
The Whole Book on One Page
Short on time? The One-Page Cheat Sheet condenses every unit to a single line. Read it top to bottom the night before and the morning of your exam.
What's Inside
The Series 63 is a state-law exam built on the Uniform Securities Act. Ethical practices and communication together are nearly half the exam, so weight your final days there.
| Review Unit | Covers | Weight |
|---|---|---|
| Foundations of State Securities Law | The Uniform Securities Act, key definitions, the Howey Test, the Administrator | Foundational |
| Regulation of Broker-Dealers | Broker-dealer definition, registration, exclusions, supervision | 12% |
| Regulation of Broker-Dealer Agents | Agent definition, registration, Form U4, exemptions, obligations | 13% |
| Regulation of Investment Advisers | Adviser and IAR definitions, registration, state vs. federal | 10% |
| Registration of Securities and Issuers | The three registration methods, exempt securities and transactions | 9% |
| Communication with Customers and Prospects | Required disclosures, customer agreements, account types, advertising | 20% |
| Ethical Practices and Obligations | Compensation, custody and discretion, prohibited activities, fraud | 25% |
| Remedies and Administrative Provisions | Administrator powers, criminal and civil remedies | 11% |
Ethical Practices (25%) and Communication (20%) are the two biggest sections. If you have limited time, start there.