Glossary entry

English term or phrase:

general securities principal examination

Polish translation:

egzamin licencyjny dla kierowników domów maklerskich/do zarządzania domem maklerskim

Added to glossary by Frank Szmulowicz, Ph. D.
Nov 26, 2021 22:20
2 yrs ago
9 viewers *
English term

general securities principal examination

English to Polish Other Finance (general) papiery wartosciowe i giełdy
egzaminu maklerskie
principal / supervisory exams
Change log

Dec 10, 2021 12:23: Frank Szmulowicz, Ph. D. Created KOG entry

Discussion

mike23 Dec 1, 2021:
SERIES 24: General Securities Principal Exam. This exam is required to supervise General Securities Representatives and the business of a broker/dealer.
http://home.olemiss.edu/~lpkugele/FINANCE/NASD_Licenses.htm
mike23 Dec 1, 2021:
(uu) The term "representative" means a member or an associated person of a registered broker or dealer, including assistant officers other than principals, who is engaged in the investment banking or securities business for the member organization including the functions of supervision, solicitation or conduct of business in securities or who is engaged in the training of persons associated with a broker or dealer for any of these functions.
...
Each person seeking to register and qualify as a General Securities Principal must, prior to or concurrent with such registration, become registered as a General Securities Representative.
https://www.sec.gov/rules/sro/phlx/2010/34-62509-ex5.pdf
mike23 Nov 27, 2021:
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
https://en.wikipedia.org/wiki/General_Securities_Principal_E...

Proposed translations

+2
25 mins
Selected

egzamin licencyjny dla kierowników domów maklerskich/do zarządzania domem maklerskim

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.
https://en.wikipedia.org/wiki/General_Securities_Principal_E...
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This may be a machine translation
Co to jest seria 24?
Seria 24 jest licencją Głównego Głównego Urzędu Nadzoru Finansowego (FINRA). Odnosi się również do profesjonalnego egzaminu licencyjnego branży papierów wartościowych o tej samej nazwie, który jest zarządzany przez FINRA. Licencja serii 24 uprawnia specjalistę z branży papierów wartościowych do nadzorowania lub zarządzania oddziałem lub biurem maklerskim. Egzamin kwalifikacyjny jest podzielony na pięć części: nadzór nad bankowością inwestycyjną, gwarantowanie emisji i badania; nadzór nad działalnością handlową i animacyjną; nadzór nad działalnością biura maklerskiego; sprzedaż i ogólny nadzór pracowników; oraz zgodność z zasadami odpowiedzialności finansowej. Składa się ze 155 pytań, z których 150 jest zdobytych, i trwa maksymalnie 3-1 / 2 godziny z 70% minimalnym wynikiem zaliczającym.
https://www.netinbag.com/pl/finance/what-is-series-24.html
Peer comment(s):

agree mike23
4 days
Dziękuję Michale. Pozdrawiam.
agree Mariusz Kuklinski
4 days
Dziękuję Mariuszu. Pozdrawiam.
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
2 days 28 mins

egzamin na maklera papierów wartościowych

https://www.knf.gov.pl/dla_rynku/egzaminy/Maklerzy_papierow_...

Warto byłoby dodać informację o kraju, gdzie egzamin został zdany: ,,amerykański egzamin...''. To powinno rozwiać lub zapobiec wszelkim wątpliwościom.
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