Browse FINRA SIE & Series Exam Guides

Series 6 Disclosure Requirements

Prospectus, compensation, and conflict disclosures tested on the Series 6 exam.

Disclosure questions ask whether the customer is getting the information needed to evaluate the recommendation honestly. On Series 6, that often means prospectus delivery, compensation visibility, and conflict disclosure. The issue is not whether the representative intended to mislead. The issue is whether the customer received enough material information at the right time.

Main Disclosure Themes

Disclosure typeWhy the exam cares
prospectus deliveryprovides core product and risk information
compensation disclosureshows how charges and incentives affect the transaction
conflict disclosurehelps the customer evaluate recommendation bias

The stronger answer treats disclosure as part of fair dealing rather than as an afterthought once the sale is already underway.

Key Takeaways

  • Disclosure supports informed customer decisions.
  • Missing compensation or conflict context can make an otherwise accurate communication misleading.
  • The best answer is usually the one that gives the customer more material clarity, not less.

In this section

Revised on Thursday, April 23, 2026