I am not a resident of the United States, but would like to be qualified as a registered representative in the U.S. Is it still possible for me to write the Series 7 exam?

By Investopedia AAA
A:

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.



RELATED FAQS

  1. How many people fail the series 63 exam every year?

    How many stock brokers failed the Series 63 exam before they passed successfully? Here is what you need to know before taking ...
  2. How does accrued interest work on student loans?

    Learn how student loan borrowers are affected by accrued interest on outstanding loans balances while in deferment and during ...
  3. How risky is a straddle?

    Learn how options traders use long and short straddles to potentially profit from a market regardless of the direction of ...
  4. Do options make more sense during bull or bear markets?

    Understand how options may be used in both bullish and bearish markets, and learn the basics of options pricing and certain ...
RELATED TERMS
  1. Catastrophe Equity Put (CatEPut)

    Catastrophe equity puts are used to ensure that insurance companies ...
  2. Associate In Personal Insurance (API)

    A designation earned by professionals looking for training in ...
  3. Open Trade Equity (OTE)

    Open trade equity (OTE) is the equity in an open futures contract.
  4. Associate In Reinsurance (ARe)

    A designation earned by insurance professionals looking for reinsurance ...
  5. Associate In Surplus Lines Insurance (ASLI)

    A designation earned by insurance professionals involved with ...
  6. Multibank Holding Company

    A company that owns or controls two or more banks. Mutlibank ...

You May Also Like

Related Articles
  1. Options & Futures

    Options and Roth IRAs: Do's and Don'ts

  2. Options & Futures

    Trade Covered Calls On High Dividend ...

  3. Mutual Funds & ETFs

    How do I invest or trade market indicators?

  4. Trading Strategies

    Top Day Trading Instruments

  5. Options & Futures

    Give Yourself More Options With Real ...

Trading Center