Series 7 Questions???

Discussion in 'Prop Firms' started by ANCHOR, Aug 9, 2002.

  1. Series 7 is not hard, it is just a helluva lot of memorization.
    #11     Aug 11, 2002
  2. hn9956


    i emailed nasd for you and they said bankruptcy or credit is not an automatic disqualification but you have to report one that occurred in last ten years
    #12     Aug 21, 2002
  3. BK is OK:)

    I had 1 out of the 30 or so states in which I was registered object to my recent BK. They were only concerned about possible misuse of discretionary trading authority due to current financial hardship - ie churn up client comissions to pay the bills. A simple letter stating that I was just an order-taker was enough to get the state's approval.

    You will always have a thick U4 folder, because you have to include copies of the BK filing. Mine was 50 pages or so.
    #13     Aug 21, 2002