| Time Limit: | 6 hours. Note that the exam is broken into two parts and each part has a time limit of 3 hours. |
| Number of Questions: | 260 questions in total. 125 for each part and 10 pre-test questions that do not count towards the exam grade and are not indicated in the exam. |
| Passing Score: | 70% |
| Format: | Multiple Choice |
| Enrollment Fee: | $200 US. Note that this includes an $110 examination enrollment fee and a $90 NYSE development fee. Please visit the NASD Registration/Exam Fee Schedule for more information. |
| Prerequisites: | You must be sponsored by a financial company who is a member of the NASD, or a Self-Regulatory Organization (SRO). |
| Exam Date(s): | Any Weekday |
| Exam Locations: | Find your US or International exam center here |
| Official Exam Website: | http://www.nasdr.com |