Series 7...

[blackbook]

for those of you who trade your own capital, and have a series 7... how do you prevent it from expiring?

 

[cubsguy81]

If you are trading your own capital why would it matter, unless you are thinking in terms of keeping your options open?

 

[blackbook]

exactly, ive had it now for 12 years, its something id like to hold on to.

none of the traders here had this issue?

 

[axehawk]

Mine expired, but I think if you ever need it, all you have to do is take the continuing education computer test/course.

Someone correct me if I'm wrong.

 

[blackbook]

not true. if your license has a lapse (after 2yrs of not being registered with a FINRA firm) you will have to retake the series 7 along with any other exam you may have taken/passed.

 

[axehawk]

Guess I'm fucked if I ever need it.

 

[lpchad]

Quote from axehawk:

Guess I'm fucked if I ever need it.

Just more incentive to be successful on your own.

 

[blackbook]

i will contact finra directly... if i am able to find some advice on this ill post it, if anyone is interested...

 

[martymjp]

I would be interested in the answer...I am contemplating leaving my firm and going on my own...thanks!

 

[mtt]

If you have sufficient capital, just go independent.