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It says in conjunction which means that yeah, stock brokers can now invest. But it also said certain professional certifications, designations or credentials or
by CalChris 6y ago
It says in conjunction which means that yeah, stock brokers can now invest. But it also said certain professional certifications, designations or credentials or other credentials issued by an accredited educational institution. These educated folks don't necessarily need even a Series 7.
Yes, I would like to read Matt Levine rip this apart.
- JumpCrisscross 6y ago> certain professional certifications, designations or credentials or other credentials issued by an accredited educational institution After specifying that "holders in good standing of the Series 7, Series 65, and Series 82 licenses as qualifying natural persons," the bullet point adds that the SEC chose this "approach [to provide] the Commission with flexibility to reevaluate or add certifications, designations, or credentials in the future." So no, at this point, only holders in good standing of those licenses are included in this part of the amendment.
- CalChris 6y ago"which the Commission may designate from time to time by order".