Series 72
Definition of 'Series 72'An exam administered by the Financial Industry Regulatory Authority (FINRA) for individuals seeking to become government securities limited representatives for registered broker/dealers. Series 72 license holders can sell government bonds and certain agency bonds such as GNMA securities and Federal Home Loan Mortgage (Freddie Mac) securities.The test consists of 100 questions. A score of 70% or better is required for passing. |
|
Investopedia explains 'Series 72'The Series 72 does not permit the sale of any type of derivatives on government securities. Overall, the license is limited in scope and should only be taken by people who know in advance that they will not need a more expansive registered representative license such as the Series 62 or Series 7. |
Related Definitions
Articles Of Interest
-
Should You Add A Securities License To Your Qualifications?
Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it. -
Breaking Down Financial Securities Licenses
Find out which exam you need to begin your career as an investment professional. -
Financial Career Shift: Get In The Driver's Seat
Before you agree to work for another investment firm, be sure you know what you're getting into. -
The Real Cost Of An MBA
When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it? -
Financial Designations That Employers Require
We break down the designations that are important to have if you want to work in the financial sector. -
Career Benefits From The CFA Institute
The CFA Institute provides members with a variety of ongoing career and networking benefits. -
What To Expect On The CFA Level II Exam
This article will help you understand the nuances of the CFA Level II exam. -
Designations For The Buy Side
For those interested in picking securities and financial planning, these certifications could be just what your buy-side financial career needs. -
Should You Get A CFA, MBA Or Both?
These certifications require time and money, but combined programs are making obtaining both designations more realistic. -
What To Expect On The CFA Level I Exam
The Level I exam for the Chartered Financial Analyst designation can be challenging. Here's what to expect.
Free Annual Reports