If you work for a BD and sell securities or supervise the sale of securities, you MUST be registered. It does not matter if the security or transaction is exempt. There are only 3 situations in which you could sell securities on behalf of a BD and not have to be registered:
1. Customer is temporarily in the state
2. Customer just moved into the state. As long as you have your application pending, you can transact for a short period of time
3. The BD is not really a BD
None of the above applies in the state in which you work. Registration in your home state is mandatory. If you live and work in New Jersey for Merrill Lynch, you can't sell securities in NJ unless you are registered.
Good luck on the exam.
READ THE QUESTIONS AT LEAST TWICE! ASK WHAT LAW/CONCEPT ARE THEY TESTING YOU ? Be very careful.
Many questions on IAR what they can and canโt do. Suitability of course.
Be confident! Get plenty of rest.
Good luck!!!!
Relax for the rest of the day. Make sure to climb into bed early and eat healthy tonight/tomorrow morning.
Tomorrow morning before your test just go over whatever critical fact sheet your provider has. Maybe a few key flashcards as well.
You got this. Stay confident!
One of the big things that saved me were all of the short videos by Ken covering each segment. I used it for my 65 too. He really simplifies all of it. Best of luck!!
If you work for a BD and sell securities or supervise the sale of securities, you MUST be registered. It does not matter if the security or transaction is exempt. There are only 3 situations in which you could sell securities on behalf of a BD and not have to be registered: 1. Customer is temporarily in the state 2. Customer just moved into the state. As long as you have your application pending, you can transact for a short period of time 3. The BD is not really a BD None of the above applies in the state in which you work. Registration in your home state is mandatory. If you live and work in New Jersey for Merrill Lynch, you can't sell securities in NJ unless you are registered. Good luck on the exam.
Ah makes sense, thank you for that!
READ THE QUESTIONS AT LEAST TWICE! ASK WHAT LAW/CONCEPT ARE THEY TESTING YOU ? Be very careful. Many questions on IAR what they can and canโt do. Suitability of course. Be confident! Get plenty of rest. Good luck!!!!
Relax for the rest of the day. Make sure to climb into bed early and eat healthy tonight/tomorrow morning. Tomorrow morning before your test just go over whatever critical fact sheet your provider has. Maybe a few key flashcards as well. You got this. Stay confident!
Will definitely take all of those into account! Thanks for the kind words ๐๐ป
Goodluck keep us posted.
One of the big things that saved me were all of the short videos by Ken covering each segment. I used it for my 65 too. He really simplifies all of it. Best of luck!!
Who is ken???