Series 7 Examination
Individuals who want to enter the securities industry to sell any type of securities must take the Series 7 examination—formally known as the General Securities Representative Examination. Individuals who pass the Series 7 are eligible to register with all self-regulatory organizations to trade.
NASD administers the Series 7 examination. (per US Securities & Exchange Commission)
So I told my boss I was willing to take the Series 7 test. It sure has been a while since I have taken a standardized test. The materials and experts say you need at least a minimum of 80-100 hours of study before taking this 6 hour test. You need a 70% to pass and that means you can only get 75 incorrect answers to pass. Never in a million years did I think I would take the Series 7 test. But I am going to have to start buckling down and reorganizing my schedule.
Let the studying begin!
Wednesday, November 07, 2007
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