Regulatory FrameworkQuestion 396 of 398
Which of the following registration categories would a person most likely need to sell general securities, including stocks and bonds, to retail customers?
a.Series 6 Investment Company Products representative
b.Series 24 General Securities Principal
c.Series 7 General Securities Representative
d.Series 27 Financial and Operations Principal
Explanation
The Series 7 General Securities Representative registration, taken together with the SIE, qualifies a person to sell a broad range of securities including stocks, bonds, and options to retail customers. The Series 6 is limited to packaged products. Principal categories such as Series 24 and 27 are for supervisory and financial-operations roles, not general retail sales.
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