The biggest downside to going back to the sell-side has got to be the series of FINRA exams you have to take.
Series 7, Series 63, Series 86, and Series 87 -- the four horsemen of brain death.
You learn such worthwhile things as "manipulation is illegal" and "government bonds are quoted in 1/32'nds of par". Wow...
I'm often amazed at how much you have to know for some jobs (London taxi driver, for one) and how little you have to know for others, at least in terms of the official licensing/testing requirements.
Oh well, enough ranting. Time to go back to studying!
4 comments:
Now is a good time to be a realtor......and i understand the exam is easy if you are good with basic math.
Realtor?
These aren't real estate exams.
These are licensing exams to be a research analyst (well, the Series 7 and 63 are for any and all "registered reps").
I was joking....
Sorry ... neck-deep in model-building.
Doesn't exactly stimulate the humor-sensing areas of the brain!!!!
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