Series 4

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DEFINITION of 'Series 4'

A securities license entitling the holder to supervise options sales personnel and compliance issues. Before taking the Series 4 exam, you must have your Series 7 license.

INVESTOPEDIA EXPLAINS 'Series 4'

The Series 4 exam is administered by the Financial Industry Regulatory Authority (FINRA) and covers topics such as options strategies, foreign exchange options and taxation.

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RELATED FAQS
  1. What options strategies are best suited for investing in the aerospace sector?

    The best options strategies for investing in the aerospace sector exploit the sector's volatility and propensity for big ... Read Full Answer >>
  2. What options strategies are best suited for investing in the Internet sector?

    The long straddle and long strangle options strategies enable investors to capitalize on the Internet sector's volatility. ... Read Full Answer >>
  3. I need special accommodations when taking the Series 63 exam. How are such arrangements ...

    The Series 63 exam is administered by the North American Securities Administrators Association (NASAA) to test financial ... Read Full Answer >>
  4. Do I need a class to take the Series 63 exam?

    There are no specific educational prerequisites for the Series 63 exam or the Series 7 exam candidates must pass before sitting ... Read Full Answer >>
  5. How many attempts at the Series 7 exam are permitted?

    The National Association of Securities Dealers (NASD) has not placed any limits on the number of times you can attempt to ... Read Full Answer >>
  6. Where can I buy covered call ETFs (exchange-traded funds)?

    Covered calls can be traded through any major retail broker. Investors need to have their brokerage accounts approved for ... Read Full Answer >>
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