Series 55 (Equity Trader License without the Series 7)

I thought I'd share this. A while back, I asked about how to distinguish oneself and break into Equity S&T but you don't yet have the Series 7 and cannot currently get it because you're not with a broker dealer.

Assuming however, that you have the Series 6 and want to get more licenses on your own, an option would be to get the Series 55 which is an equity trader license.

However, to get the Series 55, you have to already have a Series 7 OR you can go in the backdoor and get the Series 62 license.

So for me, that may be my plan of execution as well. Get the Series 62 license and then get the Series 55. To my knowledge, the Series 62 does NOT require sponsorship. If anyone knows otherwise, let me know.

The Series 55 (equity trader) license is described briefly here: http://www.investopedia.com/terms/s/series55.asp#…

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