Are there any continuing education requirements after I pass the Series 7 examination?

By Shauna Carther AAA
A:

Yes. According to the Securities Industry/Regulatory Council on Continuing Education (CEC), there are two parts to the CE requirement: the regulatory element and the firm element. The firm element (determined by the firm you work for) varies, as it is designed by the firm itself. It usually consists of an annual training program, tailored specifically to the employee and the skills and knowledge required for his or her job. These programs are created in accordance with minimum criteria and standards. Click here for more information regarding the firm element. For more specific information, contact your firm's registration department.

The regulatory element is overseen by the CEC. Professionals are required to take computer-based training modules once they have been registered for two years. This training must be completed within a 120-day period. The professional will then have to complete the regulatory element once every three years. Note that the registration anniversary date is not the day you passed the Series 7 examination: it is the date you became registered with a self-regulatory organization (SRO). For more on the regulatory element, click here.

RELATED FAQS

  1. Do real estate agents need a degree?

    Earning a degree is required by many real estate brokerages, as well as by some state's real estate boards. Getting a degree ...
  2. If I am looking to get an Investment Banking job. What education do employers prefer? ...

    If you are looking specifically for an investment banking position, an MBA may be marginally preferable over the CFA. The ...
  3. Can I still pass the CFA Level I if I do poorly in the ethics section?

    You may still pass the Chartered Financial Analysis (CFA) Level I even if you fare poorly in the ethics section, but don't ...
  4. A sales representative is permitted to take all of the following actions EXCEPT:

    A sales representative is permitted to take all of the following actions EXCEPT: a. Offer investment advice to clientsb. ...
RELATED TERMS
  1. Credit Business Fellow - CBF

    A designation for achievers who have proven knowledge in intermediate ...
  2. Credit Business Associate - CBA

    A designation awarded to those who show mastery in financial ...
  3. Series 79

    A examination to ensure a candidate is qualified to become a ...
  4. Research Analyst

    A person who prepares investigative reports on equity securities. ...
  5. Leadership

    The ability of a company's management to make sound decisions ...
  6. Series 34

    An exam required for individuals seeking to engage in off-exchange ...
comments powered by Disqus
Related Articles
  1. Become A Certified Financial Divorce ...
    Retirement

    Become A Certified Financial Divorce ...

  2. Top 6 Ways To Recession-Proof Your Job
    Personal Finance

    Top 6 Ways To Recession-Proof Your Job

  3. Accredited Financial Counselor: An Introduction
    Professionals

    Accredited Financial Counselor: An Introduction

  4. How To Improve Your Leadership Skills
    Personal Finance

    How To Improve Your Leadership Skills

  5. Introduction To The CAIA Designation
    Professionals

    Introduction To The CAIA Designation

Trading Center