Review the heavy legal domain on Series 66 covering advisers, IARs, broker-dealers, agents, communications, remedies, and unethical business practices.
The final chapter is the largest because Series 66 is fundamentally a state-law and conduct exam layered onto a recommendation framework. NASAA expects candidates to understand the adviser and broker-dealer regulatory structure, state administrator powers, communications and contract rules, and the fiduciary and ethical duties that limit what can be recommended and how it can be recommended.
Read this chapter as a combined control framework. The exam is less interested in siloed memorization than in whether the candidate can sort a mixed fact pattern into the right legal and ethical buckets.
Review state-administrator powers, investigations, orders, remedies, and the communication standards that Series 66 tests in mixed legal fact patterns.