The general securities principal exam, commonly referred to as the Series 24 exam, is administered by the U.S. Financial Industry Regulatory Authority (FINRA) which qualifies a registered individual to supervise or manage branch activities such as corporate securities, REITs, variable contracts, and venture capital; a general principal may also approve advertising and sales literature, including communications regarding municipal securities. The exam covers topics such as supervision of investment banking, trading, customer accounts, and the primary/secondary markets.
A Series 24 license does not qualify an individual to function as a:
Registered options principal – Series 4
General securities sales supervisor for options and municipal securities – Series 9
Municipal securities principal – Series 53
Municipal fund securities principal – Series 51
Financial and operations principal – Series 27
Introducing broker/dealer financial and operations principal – Series 28
The Series 24 Exam is made up of 150 questions. Candidates have up to 3.5 hours to take the exam. 70% (105 correct answers) is considered a passing grade. In order to take the Series 24 exam, a candidate must be sponsored by a member firm of FINRA or another SRO (self-regulatory organization).
Test breakdown
Number of questions
% of exam
Supervision of investment banking activities
33
22%
Supervision of trading and market making activities
31
21%
Supervision of brokerage office operations
29
19%
Sales supervision; general supervision of employees; regulatory framework of FINRA
43
29%
Compliance with financial responsibility rules
14
9%
and 24 Related for: General Securities Principal Exam information
$300. List of securities examinations Series 6 exam Uniform Securities Agent State Law Exam (Series 63) GeneralSecuritiesPrincipalExam (Series 24) U...
requirement in order take the exam. SIE – Securities Industry Essentials Exam* Series 00 – GeneralSecuritiesPrincipalExam (Discontinued Series 1 – Registered...
Securities research is a discipline within the financial services industry. Securities research professionals are known most generally as "analysts", "research...
involves trading securities for cash or for other securities (e.g. facilitating transactions, market-making), or the promotion of securities (e.g. underwriting...
businessmen systematically employing imposters to write papers, manipulate exam hall seating arrangements and supply forged answer sheets by bribing officials...
United States, registered as such with the Securities and Exchange Commission (SEC) or a state's securities agency. The numerous references to RIAs within...
recruited by departmental promotional exams of Group C employees. Recruitment of Group C employees are through exams conducted by the Railway Recruitment...
internal security, prisons, and prosecution, among other responsibilities. The department is headed by an Additional Chief Secretary or Principal Secretary...
college's head of economics left after a breach of security in the "pre-U" exams, for which he was the principal examiner for his subject on behalf of Cambridge...
Association?". Retrieved February 6, 2010. "Directors General of the Foreign Service - Principal Officers - People - Department History - Office of the...
private security company or a company that contains a security service, that is licensed by the svpb, the board that controls securityexams. A trainee...
summoned S. M. Atiqur Rahman, general manager, Mohammad Ali, deputy general manager, and Md Abdus Samad Sarkar, principal officer of the bank after their...
are conducted through various exams held by the Ministry of Railways, Government of India. The maintenance and security of Railways, the vital artery...
There is an exam at the end of the final year, called esame di stato or, previously, the esame di maturità ("maturity exam"); this exam takes place every...
The Diplomatic Security Service (DSS) is the principalsecurity and law enforcement agency of the United States Department of State (DOS). As the operational...
are required to clear 1000 marks four-stage process including a written exam and interview conducted by Union Public Service Commission to get promoted...
exam each year, but since 2017–2018 it is conducted at two levels. Students from class I-XII can participate in this Olympiad. International General Knowledge...
and maintenance management. It is headed by the Director General (DG) who is also the Principal Technical Advisor to the Government of India. The regions...
of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securities exchange...
Civil Services Exam, only 5 of the top 100 candidates chose the Indian Foreign Service with the last ranking person from the General Category in the...
Mortgage-backed Securities". AllStarStocks.com. Securities issued by Fannie Mae and Freddie Mac are also guarantee ... the timely payment of all principal and interest...
Delhi/Dordrecht: Springer. p. 11. ISBN 978-81-322-2394-8. Wiley Securities Industry Essentials Exam Review 2022. John Wiley & Sons. 2022. p. 85. ISBN 978-1-119-89339-4...
shared housing, or hotels. Most students will sit an international language exam and receive an internationally recognized qualification. Language schools...
Global Information