Series 54
Tests supervisory knowledge for municipal advisor principals. It is distinct from the Series 50 representative-level qualification.
Exam overview
- Full name
- Municipal Advisor Principal Exam
- Administering organization
- Municipal Securities Rulemaking Board (MSRB); administered by FINRA
- Specialty
- Securities and financial markets
- Exam type
- Qualification
- Jurisdiction or availability
- United States
Costs and pass rates
The current fee has not been verified for this listing. Check the official exam page for your location and eligibility.
A population pass rate has not been verified. Some assessments report scores or grades rather than a single pass/fail result.
Unverified figures are left blank in comparisons. The exam’s presence in the directory does not assign a difficulty or prep-quality score.
Preparing for Series 54
Start with Municipal Securities Rulemaking Board (MSRB); administered by FINRA’s current exam outline and candidate guide. Confirm the exact exam, version, and jurisdiction before buying preparation.
Official Series 54 informationPrep comparisons for this exam are still under research.