The sfc exam exemption is a process that allows some individuals to bypass the exam. This process is available to certain individuals who have met specific requirements. In this article, we will discuss some facts about the sfc exemption that you need to know. We will provide information about the eligibility requirements and the application process. So, if you are interested in learning more about exam exemption, keep reading!
What should I know about this?
Fact # One: The exemption is available to certain individuals who have met specific requirements. To be eligible for the exemption, you must have a bachelor’s degree from an accredited institution. You must also have at least two years of full-time work experience in the financial services industry.
Fact # Two: The application process for exemption is relatively simple. To apply, you will need to submit an application form and supporting documentation. Once your application has been reviewed, you will be notified of the decision.
Fact # Three: If you are granted an exemption, you will not be required to take the sfc examination. However, you may still be required to complete continuing education requirements.
Fact # Four: the exemption is not automatic. You must still meet all of the eligibility requirements and pass a background check.
Fact # Five: the exemption is valid for two years. After that, you will need to reapply for exemption.
Fact # Six: exemption does not exempt you from other licensing requirements. For example, if you are registered as a broker-dealer, you will still be required to complete the Series 79 examination.
Fact # Seven: exemption may be granted on a case-by-case basis. If you do not meet the eligibility requirements, you may still be able to obtain an exemption if you can demonstrate that you have the necessary knowledge an experience.
Fact # Eight: you can only take the examination once every two years. If you do not pass, you will need to wait until the next testing window to retake the examination.
Fact # Nine: there is no limit to the number of times you can retake the examination. However, if you fail three times, you will be required to complete a remedial education program before taking the examination again.
Fact # Ten: if you are granted an exemption, you will still need to complete Continuing Education requirements. The exemption does not exempt you from this requirement.
If you are looking to obtain an exemption from taking the sfc exam exemption, be sure to keep these ten facts in mind! With proper planning and preparation, obtaining an exemption can be a hassle-free process.
We hope this information has been useful to you.