Series 24: Limited Principals

Limited Principals

• • 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.
• • Investment Company and