| Title: | Market Investing | 
| Moderator: | 2155::michaud | 
| Created: | Thu Jan 23 1992 | 
| Last Modified: | Thu Jun 05 1997 | 
| Last Successful Update: | Fri Jun 06 1997 | 
| Number of topics: | 1060 | 
| Total number of notes: | 10477 | 
    Doe anyone know the process/steps involved in obtaining
    full-time/part-time stock broker license ? I remember reading something
    about a Series 7 and 63 license ! Are there any other licenses that
    have to be obtained ?
    
    I would appreciate any information about the process, coursework or
    related training etc.
                                               Thanks,
                                               p.v.
| T.R | Title | User | Personal Name | Date | Lines | 
|---|---|---|---|---|---|
| 157.1 | More on Series 7 | SDSVAX::SWEENEY | Patrick Sweeney in New York | Tue Apr 14 1992 21:34 | 14 | 
|     Besides taking the exam, you will need to study for it.  A lot of the
    questions are highly technical and concern compliance with securities
    law.
    
    You will also need to be sponsored by a National Assn of Security
    Dealers member firm.  Typically, the only way to be sponsored is to be
    employed by one.
    
    Passing the exam makes you a "registered representative", not a
    "broker", technically, a broker is a an agency which matches buyers and
    sellers of securities for a commission.
    
    Series 7 refers to the ordinary stocks and bonds registered rep.  Other
    exams deal with commodities and other securities.
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