General Securities Principal Exam
- General Securities Principal Exam
The General Securities Principal Exam, commonly referred to as the Series 24 Exam, is administered by the Financial Industry Regulatory Authority (FINRA) which qualifies a registered individual to supervise or manage branch activities such as corporate securities, REITs, variable contracts, and venture capital; a general principal may also approve advertising and sales literature, including communications regarding municipal securities. The exam covers topics such as supervision of investment banking, trading, customer accounts, and the primary/secondary markets.
A Series 24 License does not qualify an individual to function as a:
* Registered Options Principal - Series 4
* General Securities Sales Supervisor for Options and Municipal Securities - Series 9
* Municipal Securities Principal - Series 53
* Municipal Fund Securities Principal - Series 51
* Financial and Operations Principal - Series 27
* Introducing Broker/Dealer Financial and Operations Principal - Series 28
The Series 24 Exam is made up of 150 questions. Candidates will have up to 3 1/2 hours to take the exam. 70% (105 correct answers) is considered a passing grade.
ee also
* List of Securities Examinations
* Series 63
* Series 7
* NASD
* FINRA
=External Links=
* [http://www.sec.gov SEC]
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