Even if you are not a resident of the United States, you may be eligible to take an abbreviated form of the Series 7 exam. You will have to be registered with the Financial Services Authority (FSA) in the United Kingdom or a securities regulatory agency in Canada, such as the Investment Dealers Association (IDA), and be in good standing with the regulatory authority with which you are registered. You would then be eligible for the following exams:

• For UK residents: Series 17
• For Canadian residents: Series 37 (with options) or Series 38 (without options)

To read more about the Series 7, see Solving Mixed Options Problems On The Series 7.

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  2. Is a financial advisor required to have a degree?

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  3. Can mutual funds invest in options and futures?

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  4. Can I use my IRA to pay for my college loans?

    If you are older than 59.5 and have been contributing to your IRA for more than five years, you may withdraw funds to pay ... Read Full Answer >>
  5. Can I use my 401(k) to pay for my college loans?

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  6. How does a forward contract differ from a call option?

    Forward contracts and call options are different financial instruments that allow two parties to purchase or sell assets ... Read Full Answer >>
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