The series 7 exam is also known as the stock brokers exam, but it is required for more than just brokers. The license is mandatory for all securities agents. It certifies them as knowledgeable with the varied types of corporate securities. These include such things as options, stocks, municipal securities and other types of investments.
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The prerequisite for taking the series 7 exam is being sponsored. This means you are employed and backed by a company who is a member of FINRA. After being employed for a minimum of four months you can register to take the series 7 exam. This helps the applicant in gaining some fundamental skills, which [...]
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