I know this has been discussed here before, but there seem to be differing opinions. I have been unable to contact Nasdaq for an answer. Does anyone here know (definitively!): If you have a Series 7 and are with a pro firm, then leave the firm and trade retail only, do you have to continue paying professional fees for Nasdaq, NYSE, etc for the next two years? Is there any documentation for this? (I can't find anything!) Also, can you call Nasdaq and request to have your license canceled?