Q:

No. According to the Financial Industry Regulatory Authority (FINRA), you can convert your Series 7 license into a Series 6 license if your registration is still active. If at a later time you would again like to be registered with your Series 7 license, all you need is your firm's permission.

You cannot convert from a Series 7 to a 6 license and vice versa if you have not been registered with a member firm for more than two years. In this case you would need to rewrite your Series 7 examination to re-qualify as a general securities registered representative.

To read more about the Series 7, see The Series 7 Exam Guide.

A:

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