Series 24 Exam Data: Success by Industry Role
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
📊 Series 24 Exam Data: Success by Industry Role
The Series 24 – General Securities Principal Exam is often taken by professionals looking to move into supervisory or compliance positions. But how does your current role impact your chances of passing?
This breakdown examines pass rate trends and success factors across different industry roles, helping you better assess your prep strategy based on where you stand today.
🧑💼 Pass Rates by Professional Background
| Industry Role | Estimated Pass Rate | Key Strengths | Key Challenges |
|---|---|---|---|
| Registered Representatives | 70–75% | Strong product knowledge, Series 7 base | Weak in supervision/reg compliance |
| Compliance Analysts | 80–85% | Strong rule familiarity, reporting logic | Less experience with sales scenarios |
| Branch Managers (non-licensed) | 60–65% | Real-world oversight experience | Lack of formal securities background |
| Traders | 55–65% | Familiar with execution & order flow | Weaker on customer-facing supervision |
| Operations Staff | 65–70% | Good with procedures and recordkeeping | Unfamiliar with FINRA rule structure |
| Financial Advisors | 70–75% | Familiar with client handling & ethics | Limited exposure to firm-level WSPs |
🔍 What This Means for Your Study Plan
Registered Reps (Series 7 Holders)
✅ Focus on supervisory rules, principal duties, and compliance structures — not products.
Compliance Professionals
✅ You’re strong on regulations — now practice applying rules in real-world decision scenarios.
Branch Managers or Admin Roles
✅ Formalize your knowledge of FINRA, SEC, and firm documentation procedures.
Traders and Order Desk Staff
✅ You know the systems — now study how to supervise and report what flows through them.
🧠 Universal Tips for All Roles
- 📘 Master FINRA Rules 3110, 3120, 3130
- 📝 Know escalation procedures and WSP enforcement
- 🔁 Review Forms U4, U5, and regulatory reporting triggers
- 🧪 Take scenario-based mock exams — they reflect real test conditions
- 📊 Create charts to track compliance deadlines and rule overlaps
🎓 Want role-specific strategies and real Series 24 simulations?
Train smarter with tailored resources at finra-exam-mastery.com — where future principals in compliance, sales, trading, and management build their edge.