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 I need to take the Series 63?

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

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

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

  9. 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?

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

  11. 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?

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

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

  14. Human capital vs. physical capital: What is the difference?

  15. Can moving to a higher tax bracket cause me to have a lower net income?

  16. How did the financial crisis affect the banking sector?

  17. Do beneficiaries pay taxes on life insurance?

  18. How do I become a Chartered Financial Analyst (CFA)?

  19. What types of positions might a Chartered Financial Analyst (CFA) hold?

  20. Can you invest in hedge funds?

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