Pay up to play: Securities exam fees to increase June 1

Fees for securities licensing exams will increase as of June 1, the North American Securities Administrators Association Inc. announced today. Broker and investment adviser candidates who take the Series 63 exam will be charged $115, up from $96 currently. The Series 65 fee will be $155, up from $135, and the Series 66 fee rises to $145, a $17 increase. The exams, which are usually a prerequisite for a broker or investment adviser state license, are administered for NASAA by the Financial Industry Regulatory Authority Inc. The fee increases are the first in four years, according to NASAA.