You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Expired Series 7.... Do I have to take the 56?
- Thread starter GHJK
- Start date
Apply for a waiver. I am in the same boat.... applied last week.... still haven't heard back. In the meantime I am studying my butt off... just in case.
Quote from GHJK:
So if I have an expired series 7, basically I didn't do the continuing education because I'm at a CBOE firm... Do I have to take the 56?
30 days after the first fail
60 after the second
180 after the third
the hard part is that there is no STC guide and the 59 pg outline is WAY too daunting. ask your complaince dept if they are putting together a study guide for their traders... ours is.
60 after the second
180 after the third
the hard part is that there is no STC guide and the 59 pg outline is WAY too daunting. ask your complaince dept if they are putting together a study guide for their traders... ours is.
Quote from GHJK:
so if you fail this sucker, how long do you have to wait until you can retest?
Quote from GHJK:
So if I have an expired series 7, basically I didn't do the continuing education because I'm at a CBOE firm... Do I have to take the 56?
I don't understand why you didn't do the continuing ed for the series 7. I'm at a CBOE firm and have a 7 and I always do the continuing ed. Why would you let your 7 lapse?
Quote from Maverick74:
I don't understand why you didn't do the continuing ed for the series 7. I'm at a CBOE firm and have a 7 and I always do the continuing ed. Why would you let your 7 lapse?
You can do the regulatory ce's, BUT if you haven't been with a member firm for two years, "FINE-YA" says you have to take the test over again if you want to again work for a member firm.
Doing the ce's would certainly help however, if your S7 were to lapse due to the two year rule in terms of waivers. (Would help show you are serious, giving you a "voice" over others who didn't do the ce's.)