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Short answer - Yes.
BUT . . . It won't be easy, guaranteed, and likely will not be cheap.
Getting Sponsored
Many / most firms will "Just move on to the next candidate" once they know you have a "YES Answer." A "YES Answer" means that you will have to cop to an issue on your applications to FINRA that will "raise an eye".
If you had "No YES Answers" the application is "White Bread" which means it's pretty much a formality. However, a "Yes" answer will require FINRA to raise scrutiny, which means full disclosure of all the details of what happened, and the result. This is not worth the time for most firms (Unless you're something special or there's nepotism involved to make them willing to go the extra mile.)
(sorry I know it's tricky language - "No YES Answers", but that's how we talk about this stuff)
Not Easy
The regulators can be rough in some cases. If it was fairly recent, that's especially bad. If it was recent an money related (Banking, White Collar, Finance) related you will be up against some real challenges.
Not Guaranteed
With a Felony you could take the test, pay the fees, do all the work and get a "NO WAY."
Not Cheap
You might (should) hire an attorney that can look over your paperwork and give you a legal opinion on whether they believe that they can work you through the system despite your nicks. This will likely be in the 5k-10k range after all is said and done. However, be careful that the counsel you choose has had clients that were in worse shape than you that they got through. This is not a job for your cousin Vinny that handles personal injury. In many cases the better attorney's to help you with this will be former FINRA or SEC employees.
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∙ 13y ago
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Do you need a series 6 or series 7 to sell fixed annuities?
no, just a life insurance license
How do I go about obtaining a series 7 license?
To obtain a series 7 license, one needs to first be sponsered by their department manager. After this step is done, study for the exam and find a local testing area. The exam costs $250 and a passing score of 70% is required to obtain the license.
What type of license do you need to sell bonds?
You will either need a series 6 7 or 3 and/possibly series 31 depending on the type of bonds you want to sell but time is of the essence meaning time is moving and so should you so go research these licenses and get your knowledge moving you are the one that has to make things happen nothing will fall in your lap by chance best of blessings in your journey
How much does a assistant financial associate make?
It depends on how big of a financial advisor you work for and whether or not you are Series 7 licensed. I work for an advisor who makes 7 figures before taxes and I am not Series 7 licensed but I make about 40k salary.
What training should you take to become stock broker?
Series 7
Can someone get a series 7 felony convictions i have 4 felonies of which 2 i was convicted can i one get a series 7?
A series 7 securities license from FINRA may be difficult to obtain with felony convictions on your record, especially if the felonies involve financial crimes or dishonesty. Each case is reviewed individually, so it is possible to receive a waiver depending on the circumstances, but it is recommended to disclose all convictions and be transparent during the licensing process.
Where can I take series 7 classes.?
Provides books and computer training for NASD exams including the Series 6 license and Series 65 exam license. Series 7 exam training and NASD exam Provides books and computer training for NASD exams including the Series 6 license and Series 65 exam license. Series 7 exam training and NASD exam Provides books and computer training for NASD exams including the Series 6 license and Series 65 exam license. Series 7 exam training and NASD exam
How do you verify a series 7 license in NY?
A stockbroker's Series 7 license can be verified in New York by checking with FINRA. FINRA is the Financial Industry Regulatory Authority.Ê
How long does DUI conviction remain on driving record in Florida?
Last I new of was 7 years, but a conviction would stay on record for 10 yrs and life if it was felony DUI.
Do you need a series 6 or series 7 to sell fixed annuities?
no, just a life insurance license
How do I go about obtaining a series 7 license?
To obtain a series 7 license, one needs to first be sponsered by their department manager. After this step is done, study for the exam and find a local testing area. The exam costs $250 and a passing score of 70% is required to obtain the license.
How long does a felony conviction in Colorado stay on your record?
FOREVER, I had a prior conviction used/held against me for another criminal matter 16 years later. No criminal convictions in between that time. Once you're on paper in Colorado, you're on for LIFE!!! 7 years 7 years
How do I get a series 7 license?
The Series 7 license is issued and overseen by FINRA, and it authorizes you to sell certain securities. You need to have sponsorship, do some exam prep, register for the testing, pay a fee of around $250, then successfully complete the test!
Can you sell annuities with a life insurance license?
Depending on your license you may be able to sell fixed annuities. Variable annuities require Series-7 license however
How do you verify a series 7 license?
The best way to verify your Series 7 license or General Securities Representative Exam is to contact FINRA, previously the National Association of Securities Dealers or NASD, through email and phone or you can just drop by personally to their office.
What is the conviction for pushing a police officer in Illinois?
It depends, but the fullest extent you could be charged with Battery to a Police Officer which is a Class 2 Felony in Illinois with a penalty of 3-7 years and/or $25k fine.
Can a employer not hire some one with a felony older than 7 years?
Depending upon the type of business, someone with a felony may not be able to meet the security requirements. Many businesses are required to maintain certain security levels and are prohibited from hiring felons. The conviction does not 'expire' and stays on the record.
