Saturday, August 27th 2016

Question

What can you do with a series 7 license?

Interesting Question?   (8)   (13)



Answers (1)

8th Nov 2009 by Amelia Timbers

Series 7 is one of an array of financial licenses you can earn. All financial licenses with "Series" in the title are controlled by FINRA, the Financial Industry Regulatory Authority. Series 7 is a gateway license that is required for more sophisticated financial certification, but is generally required of financial advisors working for businesses. It is almost interchangeable with CFA certification. Series 7 qualifies you to be a "General Securities Representative", which is the basic level of stock and bond trader. Passing the Series 7 test (which is 6 hours and requires 70% or better to pass) licenses you to handle securities- trade, buy, sell municipal or corporate bonds and securities, sell investment products, etc. You can basically be or work for a stock broker. There numerous other certifications- the scale advances to Series 87-that, when passed, permit you to handle a different financial product or process.

Like This Answer?   (2)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



6th Nov 2009 In Careers 1 Answers | 1810 Views
Subjects: series 7 license,

Answer This Question / Give Your Opinion
What can you do with a series 7 license?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What is a Junior Mortgage?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is a Junior Mortgage?
Unanswered Questions in Careers
Which are the best banks to work for in New York?
What does a credit analyst do?
What qualifies you for unemployment?
Which are the best private equity firms to work for in New York?
What can a finance major do?

Answered Questions in Careers
What is a credit analyst?
What to ask during interview?
What is a Mortgage Loan Officer?
What is a series 7 license?
What are the benefits of a college degree?
Ask A Question
Get opinions on what you want to know:
Specific to any country?