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Feb 3, 2006 3:36 am

anyone taken the 24 recently and have  any advice for it? thanks.<!–
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Feb 3, 2006 4:33 am

[quote=no idea]anyone taken the 24 recently and have  any advice for it? thanks.<!-- var SymRealOnLoad; var SymReal;

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//–> [/quote]

I would advise the series 24 to eat all of it's meat, or it can't have any pudding.

Feb 3, 2006 4:40 pm

How can you have any pudding if you don’t eat your meat?

Feb 3, 2006 10:29 pm

Dirk do you smoke daily? I thought my posts were out there at times…

Feb 4, 2006 5:24 am

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.

Feb 4, 2006 5:26 am

[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.

Feb 4, 2006 1:24 pm

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. 

Feb 7, 2006 6:45 pm

what license is needed to be a branch manager over reps? 24 or 9 & 10? How hard are they?

Feb 7, 2006 7:36 pm

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.

Feb 7, 2006 11:50 pm

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.

Feb 8, 2006 3:18 am

[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.

Feb 8, 2006 6:14 pm

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.

Feb 8, 2006 6:43 pm

[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....