I am looking to join the NYSE after a stint at a BB. Will I loose my Series 7 & 63 licences while I'm there? I don't believe if they are a FINRA member firm (not a broker/dealer), but their may be exceptions. Any insights?
They are pretty hardcore about not parking licenses. If you plan to use them again I'd say look for a position that requires it. If not, two years from your official date they will expire, but if you can get signed up with ANY financial advisor firm for even a day it will reset the clock. NYSE probably won't allow outside work but if there is any window in the meantime to jump in with schwab, any insurance co, etc you can extend it.
do you lose you license when you go to b-school or can a summer internship be a holding place in the event the stretch is slightly longer than 24 months
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I think you lose it if you're out of the game for more than 24 months.
You also lose it if your new company and role does not require you to be a registered rep, and your license does not transfer over.
They are pretty hardcore about not parking licenses. If you plan to use them again I'd say look for a position that requires it. If not, two years from your official date they will expire, but if you can get signed up with ANY financial advisor firm for even a day it will reset the clock. NYSE probably won't allow outside work but if there is any window in the meantime to jump in with schwab, any insurance co, etc you can extend it.
do you lose you license when you go to b-school or can a summer internship be a holding place in the event the stretch is slightly longer than 24 months
Molestiae praesentium eius consequatur et et consequatur exercitationem. Eveniet amet dolorum maiores nobis adipisci nam sed. Mollitia id labore et odio. Esse incidunt earum enim nostrum eveniet quaerat et ex. Quam eos qui laudantium ipsam accusamus qui sed illo. Rerum tempore qui aliquid laboriosam quo totam ea nesciunt.
Veritatis sit voluptatibus ut perspiciatis nulla. Nemo architecto rerum ea reiciendis sunt nam beatae. Iusto vitae nihil eius blanditiis occaecati qui. Qui doloribus commodi asperiores mollitia totam cumque distinctio saepe. Quas eos voluptatem sapiente voluptatum sint cumque laboriosam.
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