Series 24
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anyone taken the 24 recently and have any advice for it? thanks.<!–
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[quote=no idea]anyone taken the 24 recently and have any advice for it? thanks.<!-- var SymRealOnLoad; var SymReal;
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I would advise the series 24 to eat all of it's meat, or it can't have any pudding.
Read the book ONCE. Spend at least 70% of your efforts on the test bank and focus on problem areas. Review the book only for clarification purposes in trouble ares.
It's not as hard as people make it seem. I got an 80 and Joedabookworm got an 86.
[quote=7GOD63]Dirk do you smoke daily? I thought my posts were out there at times...[/quote]
This is what happens when you DON'T smoke daily.
It’s been a while since I passed it. Its much easier then the 9 & 10 (or the 8 when I took it). I find getting a book of sample test questions to be VERY helpful.
what license is needed to be a branch manager over reps? 24 or 9 & 10? How hard are they?
Guys, thanks for the info regarding the test and smoking. I’m currently cross training with a testbank of questions and a big a$$ hookah pipe.
The 9 is mostly options, fairly easy. The 10 is mostly regulations, trying to remember rule 144 vs rule 144a was VERY difficult for me. Its been several years since I passed it so I don’t know if it has gotten easier or harder. To supervise, I thought you needed 9,10 & 24.
[quote=BigLew]The 9 is mostly options, fairly easy. The 10 is mostly regulations, trying to remember rule 144 vs rule 144a was VERY difficult for me. Its been several years since I passed it so I don't know if it has gotten easier or harder. To supervise, I thought you needed 9,10 & 24.[/quote]
wrong-LPL and many other indys require merely a 24. 24 is, by the way, a general securities principal license which has a much more comprehensive scope than the 9/10.
most wirehouses(and RayJay) require the 9/10 instead, which is essentially a branch manager's license.
Joe, just to be clear, RJFS (indy side of RayJay) takes either the 24 or 9/10. And I view the 9/10 as more comprehensive than the 24 in that the 9/10 also includes supervision over muni activities and options. If you only have a 24 you also need to get the 53 to supervise munis in your OSJ.
[quote=Duke#1]
Joe, just to be clear, RJFS (indy side of RayJay) takes either the 24 or 9/10. And I view the 9/10 as more comprehensive than the 24 in that the 9/10 also includes supervision over muni activities and options. If you only have a 24 you also need to get the 53 to supervise munis in your OSJ.
[/quote]
True, but then again the 9/10 does not include the ability to supervise investment banking and I also think that it does not include the ability to approve written communications.....
Either way these are all just fine distinctions....