Award-Winning Series 56 - Proprietary Trader Qualification Exam
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Kate
I'm available to tutor biology, chemistry, physics, math from Algebra up through AP Calculus, SAT test prep, and French. I've been tutoring students in science and math for 7 years. I also spent 8 months working and studying in France, and have tutored high school and adult students in French. When ...
Massachusetts Institute of Technology
Masters, Environmental Engineering
Massachusetts Institute of Technology
Bachelors

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9+ years
Jai
I'm a recent Stanford graduate (Electrical Engineering and Computer Science), and have been working at a major Management Consulting firm for a few years now. I personally scored a 2360 (out of 2400) on the SAT and 35 on the ACT and was successful in gaining admission to several top universities. I'...
Stanford University
Bachelors in Electrical Engineering and Computer Science

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I am a licensed physician from Florida who is currently changing careers. I graduated from the University of Pennsylvania in 2009 and have extensive tutoring and editing experience. While a student, I became a certified writing tutor through the Critical Writing Department. Since I completed my writ...
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Jeffrey
I am enrolled in the Mechanical Engineering PhD program at Rice University which will begin Fall 2020, and I am hoping to return to academia as a professor after earning my PhD. In the meantime, I am looking to share my passion for gaining knowledge, specifically in STEM, by educating the up and com...
University of Notre Dame
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Rice University
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Erika
I am available to tutor middle and high school math, history and test prep. I have tutored math and history in the past and I previously taught a test prep course at a school in Hanoi, Vietnam. I have a lot of experience teaching all the need-to-know tricks to doing great on the SATS/ACTS! When I am...
Harvard University
Master of Public Policy, Public Policy

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6+ years
Rhea
I am a current student at the University of Chicago. I am working towards a Bachelor of Science in Biological Sciences, and I am on the pre-medical track. I am extremely passionate about tutoring, and I have several years of experience tutoring students in my high school's learning center in various...
University of Chicago
Bachelor of Science, Biology, General

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10+ years
Zachary
I am passionate about teaching and tutoring and I thoroughly enjoy helping students gain an understanding and a drive for their studies. I have a long history of working with students of all grade levels and abilities (elementary school through college), and I have a good understanding of strategies...
Yale University
Bachelors, Biochemistry and Biophysics

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Charles
I am a junior Mechanical Engineering major at Yale, and I hope to become a Naval Aviator after college. I am also a varsity sailor, and enjoy playing music with friends when I can get some free time. I have been tutoring my fellow students throughout my entire academic career, and I would best descr...
Yale University
Bachelor of Science, Mechanical Engineering

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10+ years
Earnest
I am comfortable with either setting. I'm confident that I can help you (or your student) achieve to the best of their ability, so please don't hesitate to get in touch!
University of Pennsylvania
Masters, Chemical and Biomolecular Engineering
University of Pennsylvania
Bachelors, Chemical and Biomolecular Engineering

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6+ years
I am willing to address any issue with an open mind and I try to develop strategies that play to a student's strengths. I would like to think I am very approachable and personable, and I have had very positive experiences with many students in the past using this philosophy. Outside of academics, I ...
University of Notre Dame
Bachelor in Arts
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I'm a first-year medical student and recent graduate from Duke University, where I studied Global Health Determinants, Behaviors, and Interventions. From running a piano program at a nonprofit children's theatre to private tutoring in math, science, and standardized test prep, I enjoy helping my students become confident and self-sufficient learners! Hobbies: photography, travel, reading, music, writing, running, art, books, traveling
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I am a recent graduate of Yale University and incoming first year medical student at Columbia University. Originally from the DC area, I have always had a passion for science and medicine and pursued a degree in Biology while at Yale. During the 2008-2009 academic year, I tutored science, math, English, history, and Mandarin Chinese part-time with a DC-based tutoring company. At Yale, I worked as a freshman counselor to provide academic and career advice to incoming freshmen. I have taken both SAT and MCAT test prep classes and am familiar with both tests as well as the preparation necessary to score well. My personal career goals include attending medical school to pursue either immunology/infectious diseases or psych/neurology, teaching biology at the university level, and working in public/global health with either the CDC or the WHO.
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I am a Duke University graduate in Economics and Computer Science. I am currently pursuing an MBA degree at the Yale School of Management. I have worked in the financial field, both at a management consulting firm and a fortune 500 company. My hobbies include playing and coaching soccer. Hobbies: reading, writing, art, books, music
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I am a graduate of the University of Chicago, and I will be starting a graduate program at Columbia in August. I am about to complete a year of service with City Year, an education non-profit that places young adults into under-served schools. As a City Year member, I worked full-time in the classroom with middle-school students who were in approximately the 10th percentile for math (meaning they score lower than 90% of students). One-fourth of those students were able to grow around 15 percentile points by the end of the year! Hobbies: reading, cooking, gardening, music, art, nature, books, writing
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I'm a highly creative person who works best with visual thinkers. Very recently graduated from Stanford University, I majored in Human Biology with a concentration in Bioinformatics and Stem Cell Science. Technical though my background may be, I am currently gigging as a singer/songwriter/composer in NYC and tackle even the most hard-science of problems with a top-down, big-picture, holistic approach. If you have a propensity to look at problems in a cross- or inter-disciplinary manner (or want to learn how to do so), I'm the tutor for you!
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Frequently Asked Questions
Series 56 candidates often struggle with three key areas: mastering the complex regulatory framework governing proprietary trading, understanding advanced risk management strategies, and applying quantitative concepts under time pressure. Many test-takers find the exam's breadth challenging—it covers everything from trading regulations and compliance to portfolio management and market dynamics. The difficulty intensifies because the exam requires not just knowledge, but the ability to apply concepts to realistic trading scenarios quickly and accurately.
Personalized instruction allows a tutor to identify your specific knowledge gaps and tailor explanations to your learning style—whether you need more time on compliance rules, quantitative analysis, or trading strategy concepts. Rather than grinding through generic study materials, you get targeted practice on weak areas and strategies for managing exam anxiety and time constraints. A tutor can also simulate exam conditions and provide immediate feedback on practice questions, helping you build confidence and refine your test-taking approach before exam day.
An excellent Series 56 tutor combines deep knowledge of FINRA regulations and proprietary trading with the ability to explain complex concepts clearly. They understand the exam's format and content distribution, can identify which topics appear most frequently, and know effective strategies for tackling different question types. Beyond expertise, they should be patient with regulatory details that feel overwhelming, adaptable in teaching style, and skilled at building your confidence as you progress toward exam day.
Most candidates need 4 to 8 weeks of consistent preparation, depending on their background in trading, finance, and regulatory knowledge. If you have prior Series 7 or 63 exam experience, you may progress faster. Personalized tutoring can optimize this timeline by focusing study time on your specific weak areas rather than reviewing material you've already mastered. The key is consistent, targeted practice rather than cramming—spacing your study sessions helps with retention and application of concepts.
The Series 56 exam consists of 50 multiple-choice questions covering FINRA rules on proprietary trading, trading authorization, compensation structures, and regulatory compliance. You'll have 90 minutes to complete it. A tutor helps by breaking down the exam's content areas, teaching you to recognize question patterns, and coaching you through time management strategies. They can also help you understand not just the correct answers, but why incorrect options are distractors—a critical skill for handling questions that test nuanced regulatory knowledge.
The Series 56 is fundamentally about ensuring proprietary traders operate within FINRA's strict regulatory framework. About 70% of the exam tests regulatory rules, compliance procedures, and ethical conduct—making this the exam's core. Personalized tutoring helps because a tutor can explain the 'why' behind regulations, connect rules to real trading scenarios, and help you remember complex requirements through context rather than rote memorization. This approach builds deeper understanding and better retention for the exam and your trading career.
With focused personalized tutoring, most candidates improve their practice test scores significantly and feel much more confident tackling the exam's regulatory and quantitative questions. You should expect to develop a clear understanding of FINRA's proprietary trading rules, master risk management concepts, and build the ability to apply knowledge to scenario-based questions quickly. Many students report that tutoring transforms their study experience from feeling overwhelmed by the breadth of material to feeling prepared and ready for exam day.
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