The General Securities Principal Qualification
Examination, or Series 24, tests
a candidate’s knowledge of the rules
and regulations relevant to the management
of a general securities broker-dealer.
The Series 24 exam qualifies individuals
to register as general securities principals
in order to manage or supervise the member’s
investment banking or securities business
for corporate securities, direct participation
programs, and investment company products/variable
contracts. The Series 24 does not qualify
an individual to function as a:
To pass the Series 24, a 70% is required
(105 out of 150 questions must be answered
correctly).
Series 24 Exam Fee: $85
(Effective January 1, 2005)
