The Series 63 exam, officially known as the Uniform Securities Agent State Law Examination, is a test administered by the North American Securities Administrators Association (NASAA). It is designed for individuals seeking to become licensed securities agents in the United States. Passing this exam demonstrates knowledge of state securities regulations and laws. To obtain a Series 63 license, candidates must first pass the exam, which covers topics such as ethical practices, state regulations, and the responsibilities of securities agents. This license is often required in addition to other licenses, such as the Series 7, to legally sell securities in various states.