Series 27

Financial Operations Principal Exam Course


Series 27 Training Course

The Series 27 Financial operations principal licensing course is CREATED TO GET YOU TO pass your licensing exam FAST! We provide the most accurate practice test questions and simulated exams to make sure you are ready to take and PASS the series 27 exam!

The Series 27 Financial and Operations Principal Exam tests that each person has the knowledge and understanding of the financial responsibilities, rules and record keeping requirements of broker-dealers. It is a 145 question test with a 3 hour and 45 minute exam time limit. Broker dealers that have a min. net capital requirement of $250,000 and municipal securities brokers with a minimum net capital requirement of $150,000 must register as a principal with a Series 27 License. A Broker dealer can have more than 1 Series 27 person who is licensed.

The Test Topics Include:

  • Financial Statements of and Record Keeping - Including ledgers and balances

  • Understanding Focus Reports and the role of external audits

  • Risk Assessment Reporting Requirements for Brokers and Dealers

  • Member Filing and Contact Information Requirements

  • Financial Record keeping and Reporting of Foreign Currency Trades

  • Manage and review general operations functions - Trade Clearing, Settlements and Confirmations

  • Customer Account Transfer Contracts and Settlement of Syndicate Accounts

  • Prepare and preserve financial records to maintain accuracy and completeness of internal financial reports and documents

  • Customer Protection including privacy and confidential treatment of customer information

  • Stock record allocation, margin debits and underlying securities

The Series 27 consists of 145 scored questions. Candidates have three hours and 45 minutes to complete the exam. The passing score is 69 percent.


  • Full Exam License Course Book

  • Full Data Bank of Accurate Practice Exams

  • Test Tips and Content Updates

Complete the exams online or print them out to study away from your home or office.

  • Review your performance on previously taken exams.

  • Track time spent on a question and/or exam.

  • Search for specific questions based on keyword, question ID, or notes.

  • Create personal notes and bookmarks on questions for future reference.

  • Build weighted practice exams to provide an accurate test review of all material.