Q:
Q: Do I need to take the Series 6 examination after I have already successfully completed the Series 7?
A:
No. According to the National Association of Securities Dealers (NASD) 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 a 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.

MORE FAQS

  1. Do I need to take the Series 6 examination after I have already successfully completed the Series 7?

  2. I completed the Series 6, do I have to complete the entire Series 7?

  3. If I have passed the Series 7 exam, do I need to write the 6 and 63 exams as well?

  4. Do financial advisors have to be licensed?

  5. Do financial advisors need to pass the Series 7 exam?

  6. Do I need to have my Series 7 license for at least 36 months before I take the Series 9/10 exam?

  7. What are the differences between the Series 6 exam and the Series 7 exam?

  8. My job with a member firm has recently been terminated and I do not want to write all of my securities exams again. How do I prevent my licenses from expiring?

  9. I have passed the Series 63 and FINRA Series 7, but would like to become licensed as an investment advisor. Should I take the Series 65 or Series 66?

  10. What licenses does a hedge fund manager need to have?

  11. Do I have to successfully complete the Series 7 exam before I can register for the Series 63 exam?

  12. I passed my Series 7 exam, but I terminated employment at my sponsoring firm before I received my license. Is my exam still valid?

  13. What does passing the Series 6 enable me to do?

  14. Are there any continuing education requirements for Series 63 exams?

  15. How many attempts at the Series 7 exam are permitted?

  16. 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?

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

  18. How do I receive sponsorship from a member firm in order to write a Series 7 exam?

  19. Do I need to be sponsored or employed by a member firm in order to write the Series 66 exam?

  20. How long will my Series 7 license last after my employment has been terminated at a member firm?

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