CandleFocus Glossary Editor
The Series 24 exam is a FINRA required licensing exam for individuals seeking to supervise activities at a general securities branch office. It is a difficult exam, covering many different areas of the securities industry, and requires knowledgeable candidates with a deep understanding of their respective field.
In order to be eligible to take the Series 24 exam, one must first satisfy other FINRA requirements. This includes taking other investment exams, such as the Series 7 and Series 79, among others. Once these prerequisites are met, qualified individuals can proceed to attempt the Series 24 exam.
The exam consists of 150 scored questions, covering many different topics. These topics range from regulatory issues, to supervisory activities and ethical issues. Additionally, the exam has a separate section dedicated entirely to supervising general broker-dealer activities, which is the largest portion of the exam.
The key to being successful on the Series 24 exam is to have an in-depth knowledge of the securities industry and be well-versed in branch activities related to the securities market. One must be able to demonstrate an ability to effectively supervise, analyze and respond to any and all issues that may arise within their branch.
In conclusion, the Series 24 exam is a difficult and comprehensive exam, covering a wide range of topics related to the securities industry. The exam is of high importance to FINRA, as it ensures those managing branch offices are knowledgeable and ethical. Those seeking to take this important examination should be well-prepared, having studied and practiced for the exam beforehand.
In order to be eligible to take the Series 24 exam, one must first satisfy other FINRA requirements. This includes taking other investment exams, such as the Series 7 and Series 79, among others. Once these prerequisites are met, qualified individuals can proceed to attempt the Series 24 exam.
The exam consists of 150 scored questions, covering many different topics. These topics range from regulatory issues, to supervisory activities and ethical issues. Additionally, the exam has a separate section dedicated entirely to supervising general broker-dealer activities, which is the largest portion of the exam.
The key to being successful on the Series 24 exam is to have an in-depth knowledge of the securities industry and be well-versed in branch activities related to the securities market. One must be able to demonstrate an ability to effectively supervise, analyze and respond to any and all issues that may arise within their branch.
In conclusion, the Series 24 exam is a difficult and comprehensive exam, covering a wide range of topics related to the securities industry. The exam is of high importance to FINRA, as it ensures those managing branch offices are knowledgeable and ethical. Those seeking to take this important examination should be well-prepared, having studied and practiced for the exam beforehand.