November 10, 1989
TO: SEC RULES COMMITTEE NO. 71-89
BROKER/DEALER ADVISORY COMMITTEE NO. 52-89
RE: AMENDMENTS TO SERIES 6 EXAMINATION AND STUDY OUTLINE
__________________________________________________________
The NASD has recently amended the examination
specifications and study outline for the Series 6 qualifications
examination required to be taken by persons seeking to sell
shares of mutual funds, closed-end funds and variable insurance
contracts.
As stated in the attached NASD Notice to Members, the
changes become effective January 1, 1990. The amendments update
the sections on taxation, retirement plans, and industry
regulations, add material covering new regulations and products,
including variable life insurance and Section 12b-1
contingent/deferred sales charges, and segregate material
pertaining to advertising rules into one section.
Amy B. Rosenblum
Assistant General Counsel
Attachment