U.S. MSRB Streamline Series 52 Exam

On 8 November, MSRB revised series 52 into a specialized knowledge exam.

  • In advance of FINRA 1 October 2018 issue of Securities Industry Essentials (SIE) exam.

Aims of Exam

  • MSRB worked with FINRA in developing SIE exams, to streamline duplicative testing.
  • General knowledge test is traditionally covered in several representative-level exams.
  • MSRB supported goal to reduce test redundancy, for securities industry professionals.


  • Anticipated filing proposed rule with SEC in early 2018 to require SIE as a prerequisite.
  • Before registration as muni securities representative, and sales limited representative.
  • Or as limited representative-investment company, and variable contracts product reps.