Default Base Qualification Exams
Each registration category has a default base qualification exam. Starting in January 2023, if a registration category was obtained by a passing alternate qualification exam, a “Credit” for the default base exam(s) is added to the individual’s exam information in their CRD record. This information is viewable in their FINRA Gateway profile as well as the Qualifications area in FinPro.
| Registration Category | Default Base Qualification Exam |
|---|---|
| BM – NYSE Branch Office Manager | S9 + S10 |
| BP – Investment Banking Principal | S24 |
| CD – Canadian Module of Series 7—with options | S37 |
| CN – Canadian Module of Series 7—no options | S38 |
| CO – Compliance Official | S14 |
| CR – Compliance Officer | S14 |
| CS – Corporate Securities Representative | S62 |
| CT – Securities Trader Compliance Officer | S14 |
| DP – Direct Participation Program Principal | S39 |
| DR – Direct Participation Program Representative | SIE + S22TO |
| FI – Introducing Broker-Dealer/Financial and Operations Principal | S28 |
| FN – Financial and Operations Principal | S27 |
| FP – Municipal Fund | S51 |
| GP – General Securities Principal | S24 |
| GS - General Securities Representative | SIE + S7TO |
| IB – Investment Banking Representative | SIE + S79TO |
| IE – United Kingdom version of Series 7 | S17 |
| IP – Investment Company and Variable Contracts Products Principal | S26 |
| IR - Investment Company and Variable Contracts Products Representative | SIE + S6TO |
| MP – Municipal Securities Principal | S53 |
| MR – Municipal Securities Representative | SIE + S52TO |
| OP – Registered Options Principal | S4 |
| OR – Registered Options Representative | S42 |
| OS – Operations Professional | SIE + S99TO |
| PO – Private Securities Offerings Principal | S24 |
| PR – Limited Representative – Private Securities Offerings | SIE + S82TO |
| RG – Government Securities Representative | S72 |
| RP – Research Principal | S24 |
| RS – Research Analyst | SIE + S86 + S87 |
| SA – Supervisory Analyst | S16 |
| SM – NYSE Branch Office Manager | S10 |
| SU – General Securities Sales Supervisor | S9 + S10 |
| TD – Securities Trader | SIE + S57TO |
| TP – Securities Trader Principal | S24 |