Housing licenses

Discussion in 'Professional Trading' started by Maverick74, Jul 29, 2003.

  1. Maverick74

    Maverick74

    I have a friend who has 63,55, and 7 licenses and he is looking to house them somewhere before they expire. Does anyone know of any firm that would allow him to do this. He said he would be willing to put trades through the account just to keep it active. He just doesn't want to lose them. If anyone has any ideas let me know. Thanks.
     
  2. The more common term is "hanging" the lilcenses. It's illegal. Why keep 'em if you don't use 'em?
     
  3. Your friend should review the study materials for the licenses. They harp on this point.