Series 24: Limited Principals

Limited Principals

• • General Security Sales Supervisor (Series 9 and 10) – supervises sales activities but cannot supervise investment banking, trading or market making, nor approve advertising or sales literature. 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.
• • Limited 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 and Security Futures 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 Companies and Variable Annuities Principal (S