Series 24 Study Guide – Free Download
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
🧾 Series 24 Study Guide – Free Download
📘 Your Essential Guide to the FINRA Series 24 Principal Exam
The Series 24 exam—also known as the General Securities Principal Qualification Exam—qualifies individuals to supervise and manage branch activities, including trading, underwriting, advertising, and compliance. Whether you’re preparing now or exploring your options, this free downloadable guide offers a structured overview of what you’ll need to succeed.
📌 1. Who Needs the Series 24 License?
You need the Series 24 if you plan to function as a:
- Branch Manager
- General Securities Principal
- Compliance Officer
- Operations Supervisor
- Sales Manager or Training Supervisor at a FINRA-member firm
Note: The Series 24 does not qualify you to supervise options (Series 4) or municipal securities (Series 53) unless you hold those licenses separately.
📌 2. Series 24 Exam Structure
| Category | % of Exam | Approx. Questions |
|---|---|---|
| Supervision of Registration of Personnel | 9% | 10 |
| Supervision of General Broker-Dealer Activities | 28% | 33 |
| Supervision of Trading and Market Making | 14% | 17 |
| Supervision of Investment Banking | 14% | 17 |
| Supervision of Sales and Trading Practices | 25% | 30 |
| Supervision of Communications with the Public | 10% | 12 |
- Total Questions: 150 (scored) + 10 (unscored)
- Time Limit: 3 hours 45 minutes
- Passing Score: 70%
📌 3. Core Topics Covered
- FINRA and SEC Rules (Regulation T, Regulation D, etc.)
- Customer Communications & Advertising Standards
- Underwriting and IPO Procedures
- Broker-Dealer Operations
- Sales Supervision and Suitability Rules
- Market Making and Order Handling
- Branch Office Supervision Requirements
- Anti-Money Laundering (AML) and Ethics
📌 4. Tips for Passing the Series 24 Exam
✅ Don’t Cram Rules – Learn how the rules apply in supervisory contexts.
✅ Practice Exams Matter – Do at least 4–5 full simulations to get used to the structure.
✅ Understand FINRA Expectations – You’re being tested as a decision-maker, not a rep.
✅ Use Flashcards – Especially for rule numbers and key regulatory agencies.
✅ Schedule Study Blocks – Commit to 2–3 hours per session, 4–5 times a week, for at least 5–6 weeks.
📌 5. Free Study Guide PDF Includes:
✅ Full exam content outline
✅ Sample questions with explanations
✅ Rule reference chart (FINRA, SEC, MSRB)
✅ Weekly study planner (6-week layout)
✅ Practice scenario decision trees
🎓 Download the Free Series 24 Study Guide
Ready to begin? Get your printable PDF now at:
👉 https://finra-exam-mastery.com/series-24-study-guide
Start preparing like a principal. Lead with confidence. Pass the Series 24!