Equity Traders Are Slow to Sit for the Series 55 Exam
Traders Magazine, October 1998
In the first four months of testing, roughly 650 individuals took the new National Association of Securities Dealers' exam for Nasdaq and over-the-counter traders. Of those 650, almost 25 percent or 150 people failed.
All Nasdaq and OTC traders are required to take the test the Limited Representative-Equity Trader Examination, or Series 55.
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