Is BSI Capital for real?

Quote from textrader4:

Not completely true....the Series 7 is NOT a substitute for the Series 56. You might get a waiver if you have a 7 with trading experience but you will not get a waiver if you just take the 7 and expect to sign up with a 56 firm.

As a matter of fact...the NYSE will soon only recognize the Series 56 for floor brokers, market makers, and specialists....it is not longer a "CBSX" exam.

http://www.sec.gov/rules/sro/nysemkt/2012/34-67214.pdf
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Boy, I hope they make both exams acceptable at the good firms, that would sure help the traders. I'm having compliance check it out. Thanks....

I know my friends at Echo just moved to my Exchange (Chicago Stock Exchange, Not CBSX, for what appear to me as "obvious reasons").....

Don
 
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