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Broker-Dealer Candidates Get Faster Exam Retakes Under FINRA Rule Change
FINRA will shorten the waiting periods for retaking its qualification exams beginning January 19, 2027, AltsWire reports. Regulatory Notice 26-18 reduces the wait following a first or second failure from 30 to 15 calendar days. Following a third or later failure within two years, the wait falls from 180 to 60 days.
The change applies to FINRA exams, including the Securities Industry Essentials exam, and the waiting period concerns only the particular exam failed. It does not automatically change the rules for NASAA or other organizations' exams administered by FINRA. Candidates with existing testing appointments may need different transition arrangements from those who have enrolled but have not scheduled an appointment.
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