TAKING THE SERIES 6 EXAM? THEN MAKE SURE THAT YOU STUDY AND UNDERSTAND EMPLOYER-SPONSORED STOCK OPTIONS, BOTH QUALIFIED AND NON-QUALIFIED
The Series 6 requires knowledge of employee stock options, both qualified and non-qualified. How do I know this? FINRA publishes a Series 6 Content Outline that lists all the areas covered by the Series 6 Exam, and it lists Employer-Sponsored Plans and Stock Options as Required Knowledge in Section 2.1. Therefore, before sitting for the Series 6 Exam, make sure that you have studied and understand these stock options. Bob Eder in his Study for the Series 6 Exam has a full treatment of the differences between qualified options, called incentive stock options (ISO), and non-qualified stock options (NQSO). Here is a sample of Bob Eder's discussion: Incentive Stock Options (ISO) (2.1) A recipient of incentive stock options (ISO) must be an employee of the granting cor...