How Long Is the Series 7 License Valid?
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
The Series 7 license, also known as the General Securities Representative registration, does not have a fixed expiration date. Once you are registered with FINRA and maintain your registration, your Series 7 qualification remains valid indefinitely. However, if your registration is terminated, the validity of your Series 7 qualification is subject to specific conditions.FINRA
Key Points to Consider:
- Termination of Registration: If your registration is terminated, the validity of your Series 7 qualification is maintained for two years from the termination date, provided you do not become inactive in continuing education (CE) during this period.FINRA
- Continuing Education Requirements: To keep your registration active, you must complete the Regulatory Element of continuing education annually by December 31. Failure to do so will result in your registration becoming inactive (CE Inactive), and if this status persists for two consecutive years, your registration will be administratively terminated (CE Two Year Termed). In such cases, you would be required to requalify by examination to regain your registration. FINRA+3FINRA+3FINRA+3
- Maintaining Qualifications Program (MQP): FINRA offers the MQP, allowing eligible individuals to maintain their qualifications for up to five years after termination by completing annual continuing education requirements. This program helps extend the period during which you can reregister without needing to retake the Series 7 exam. FINRA+4FINRA+4FINRA+4
Summary:
Your Series 7 license remains valid indefinitely as long as you maintain an active registration and comply with continuing education requirements. If your registration is terminated, the qualification remains valid for two years, and you can extend this period up to five years through the MQP. After this extended period, requalification by examination may be necessary.