Series 24: 1.2.1.1.2. Limited Principal

Taken from our Series 24 Online Guide

1.2.1.1.2. Limited Principal

• General Security Sales Supervisor (Series 9/10)—supervises sales activities but cannot supervise investment banking, trading, or overall firm compliance with financial responsibilities. Series 7 is a prerequisite.

• Financial and Operations Principal (Series 27)—prepares the financial reports for a clearing firm, filed with FINRA and the SEC.

• Introducing Broker-Dealer Financial and Operations Principal (Series 28)—prepares the less-involved financial reports for a non-clearing firm, filed with FINRA and the SEC.

• Registered Options Principal (Series 4)—approves and reviews all options transactions. All member firms engaged in options transactions must have at least one Registered Options Principal. Also requires passing the Series 7.

• Investment Company and Variable Contracts Products Principal (Series 26)—supervises sales of redeemable securities, such as annuities, variable life insurance, and mutual funds. Series 6 or 7 is a prerequisite.

•

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 1.2.1.1.2. Limited Principal, you might also be interested in:

Series 82 - Communications Rules for a Public Underwriting

Series 52 - 7.4.2.3. Reserve Requirements

Series 65 - 2.11.3 T-Note and T-Bond Quotations

SIE - Exercise

Series 14 - 7.2.4.5.2. Confidentiality of Qualification Exams

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24

I had tried another learning system before Solomon and walked into the Series 24 unprepared and subsequently failed. After using the Solomon system for three weeks, taking full advantage of the app on my cell phone I walked into my second attempt very prepared for the type of questions I was going to see. Not only did I pass, I did so with confidence. Thanks so much Solomon!

Steven Eisner, Penn Mutual/HTK, Hauppauge, NY

Just wanted to say thank you and give you a good review. I actually found that your test questions were harder than the actual exam and the explanations and the ability to create tests of all of my wrong answers helped me focus on my weak areas of the exam. I passed the first time and don't believe I couldn't have done it without your test bank. Thanks again.

Chris Porosky, FL

This is my fourth time using Solomon's exam materials (Series 99, 7, 63, and now the 24)....and I PASSED once again on my first try. Thank you Solomon- your exam question simulator was extremely helpful!

Kim Schmidt, Elmcore Securities, Las Vegas

I passed the 24 with the help of the audio, book and test questions. I previously took this test and failed walking away with the thought nothing I studied looked familiar. I also didn't really understand how certain areas functioned... but found the information provided with Solomon worked best for me. The flow charts and extra resources section were extremely helpful in breaking down sections of this "Dry" test. The audio was great to review and the book format was easy to read and concise. I felt almost every question I knew what they were asking and I was able to eliminate one or two questions. Don't waste your money with other sites. Solomon will allow you to pass on the first time. Good luck!

Matthew D., Orange County, CA

I was very apprehensive about the Series 24 exam prior to taking it. Everyone I knew who had taken it informed me that it was an incredibly difficult test, with questions that were meant to trick you. After following Solomon's six week study outline and making flashcards for my weakest areas, I was averaging in the high 80s on the Solomon practice exams. That gave me the confidence I needed to walk into the test center feeling prepared, and the knowledge I needed to walk out of the test center having scored an 88. I am now recommending the Solomon Series 24 materials to everyone at the office!

Janie Richards, Austin, Texas