you can take the series 7 with a felony rap. as long as 10 years have passed since you completed your sentence. hopefully your pinch was'nt related to any kind of stock scam or fraud. i simply told my firm i have a rap sheet and always took responsibility;meaning i never cooperated. if i was a firm i would have a hard time sponsoring someone who cooperated.that tells me the guy cannot be trusted and has no heart. if you can handle the pressure of being interrogated,locked up,and facing a few years and stand up,you at least have the stomache to be a trader.
you are fine as long as your conviction does not include theft of fraud. I guess I would look for a smaller firm to begin with.
How about starting an LLC and trading my own money under the LLC? Is that possible or legal with no license given that I wont be managing other peoples money?
I think your best bet is to going retail with $25k until you can resolve your conviction/S7 issues. At least you will be trading until then .... good luck
Thanks. I think thats what I am going to do. I will trade retail for a while, speak to a few lawyers, and wrk towards getting this behind me. If anyone else has some tips please comment.
How can an intentional action be a mistake? Unless you fell over onto a gun trigger and killed someone by accident, you'd be lying to describe it as anything other than deliberate.
People make mistakes.. Not all "intentional actions" are done with a clear head 100% of the time. Cut the guy a break.