Hi, Here is my dilemma: I would like to get sponsored for the NASD Securities Series 7 and possibly also for the Series 63. It seems that certain firms offer sponsorship for these exams without you having to work for them. For example the following institution which calls itself the Broker training school, http://www.brokertrainingschool.com/, requires the following from any applicant: NASD License requirements To obtain a new securities license, you need to: â¢ Complete the recommended on-line exam-preparation course. â¢ BrokerTrainingSchool.com will register you with NASD and submit the Uniform Application for Securities Industry Registration form (Form U-4) to NASD. â¢ Complete a background check. The required fingerprint will be sent to you by BrokerTrainingSchool.com â¢ Take and pass two exams. You will take a national product exam and a state specific (Series 63) exam. My questions are: 1. Is this kind of sponsorship any good? I mean is it recognized? 2. Are there any downsides to this kind of sponsorship?