[quote=jeno1000]can just the series 7 be used for fee based or do u
need the 66 …i had both but my firm just terminated the investment
advisory license{cuz we r transaction oriented}…i had taken the exam
in 04{66}…now i am goin indy{lpl}…so does this mean i got to re take
the test… [/quote]



RIA’s have to pass spelling and grammar test which was removed from the NASD series 7 exam in 1983.

Your 66 can sit in limbo for up to two years w/o retaking the test.

I concur that your command of the king's english is pretty poor.  I hope your client correspondence looks considerably better than what you post here.

[quote=Indyone]

I concur that your command of the king’s english is
pretty poor.  I hope your client correspondence looks considerably
better than what you post here.

haha funny…i see no one answered my question yet…can a series 7 holder do fee based or does he need the series 66 {or 65} as well…??

Where’s that imbicile NASD Newbie/Devil’s Advocate/Put Trader et al when

we finally have a use for him?      

Jeno, You won't get your questions answered without proper English.

It's just annoying to read posts without sentences.  Your intelligence will also get questioned.  I'll give you a free pass and answer your question.

A Series 7 allows you to sell things.  It does not allow you to charge for advice.

Your 66 can sit in limbo for up to two years w/o retaking the test.

...I repeat...

[quote=jeno1000]haha funny…i see no one answered my question
yet…can a series 7 holder do fee based or does he need the series 66
{or 65} as well…??


[/quote]



u need 2 b registered with teh SEC as an RIA … there iz a test, a spelling test. LOLOLOLOLOL!!!11!!!



So do u own muni bonds? if u don’t you will have no tax free income,
and u will be poor. u may have 2 eat cat food. mayb u should rollover
ur IRA into a variable annuity … those r cool. LOLOLOLOL!!!1!Q!1!!!