Series 7 Rules

Discussion in 'Professional Trading' started by senditin, Jul 10, 2007.

  1. senditin


    I am new to this forum. I do not know where this question belongs so I apologize if it is in wrong forum. I have recently passed my Series 7 test. One of my sources of income the past few years has been direct sales or what can be viewed as multi level marketing. Or the selling of business opportunities. Is it not allowed if you have a Series 7 license? I came across this website where a man with a Series 7 was hit hard by the SEC for being involved in a direct sales business oppty program. Can someone let me know after reading this whether I should stop any further business opportunity sales due to my Series 7 license. Thanks a lot.