# reps a securities principal can supervise?
May 23, 2009 1:42 am
Hi all,
Someone recently told me there was a limit to the number of off-site representatives a general securities principal can supervise. I’ve been all over FINRAs website, but I can’t find anything.
Anybody out there know the deal? Thanks in advance.
May 26, 2009 1:20 pm
It may be one of those situations where you have to demonstrate that the number you superivised are being effectively and adequately supervised. Only requirement I found was that there needs to be at least two principals (to supervise eachother) - excluding certain exceptions.
May 26, 2009 5:33 pm
Thanks. I saw that rule too. I think my source is off.
May 26, 2009 5:36 pm
Your firm can impose a limit.
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