Module 1
Persons and registration
Broker-dealers, agents, advisers, representatives, issuers, and jurisdiction.
United States · Original 101PD learning guide
Series 63 Uniform Securities Agent State Law Exam Guide
A state-law exam framework for persons, securities, registration, exemptions, communications, fiduciary standards, and unethical practices.
Series 63 questions turn on classification and exceptions. Learners need a consistent decision tree for who, what, where, and whether an exemption changes the result.
Skills you will practice
- Registration classification
- Exemption analysis
- Fiduciary issue spotting
- Unethical-practice recognition
- State-law decision trees
Prerequisites
- Basic securities vocabulary is recommended; state registration requirements vary.
Designed for
Series 63 candidates · Broker-dealer trainees · Securities professionals reviewing state-law concepts
What a learner should be able to do
- Outcome 1
Classify broker-dealers, agents, investment advisers, representatives, and securities under the tested framework.
- Outcome 2
Distinguish registration exclusions, exemptions, and transaction exceptions.
- Outcome 3
Recognize dishonest or unethical business practices.
- Outcome 4
Solve scenario questions with a repeatable classification sequence.
Original curriculum architecture
Each course is organized around these modules, original explanations, realistic cases, practice questions, and documented source review.
Module 2
Securities and transactions
Federal covered securities, exemptions, registrations, and filing concepts.
Module 3
Standards and prohibited conduct
Fiduciary duties, communications, custody, compensation, and unethical practices.
Module 4
Decision-tree practice
Classification-heavy fact patterns with exception checks and error analysis.
Official exam relationship
Independent preparation for Uniform Securities Agent State Law examination
- Exam owner
- North American Securities Administrators Association
- Exam or series code
- Series 63
101PD provides independent preparation and a training-completion record. NASAA owns the examination program, FINRA administers testing, and the relevant jurisdiction controls registration eligibility and status.
Review the official exam informationApplied portfolio exercise
State-law classification workbook
Turn a set of fictional business facts into registration, exemption, conduct, and escalation decisions.
- Person-classification chart
- Exemption decision tree
- Conduct-risk memo
Sources and boundaries
Sources establish current requirements and standards. They do not supply 101PD’s lesson text, scenarios, assessments, or project work.
Source set reviewed August 21, 2026.
- NASAA Series 63 exam information
Official state-law examination content outline and candidate information.
- FINRA qualification exams
Official exam and registration boundaries, including sponsorship requirements where applicable.
- 101PD original-work standard
101PD develops its own explanations, examples, assessments, and applied projects.
Exam-prep questions
Who issues the Uniform Securities Agent State Law examination?
North American Securities Administrators Association controls the official Uniform Securities Agent State Law examination, including current eligibility, registration, delivery, scoring, and the resulting license or certification.
Does a 101PD completion certificate prove that I passed the official exam?
No. A 101PD certificate documents completion of independent training only. It is not an exam score, occupational license, authority approval, or third-party certification.
Are official exam registration and fees included?
No. Candidates register with North American Securities Administrators Association or its designated testing provider and pay any official fees separately. Always confirm the current candidate rules before registering.