Series 4

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Series 4

An exam one must pass to become a registered options principle, which authorizes one to regulate and supervise the options trading of the firm for which one works. The exam tests one's knowledge of options and options trading; specifically, it deals with equity options, debt options, index options, currencies, and strategy, among other things. One must already have a Series 7 license in order to be eligible for this exam. It is administered by the Financial Industry Regulatory Authority.
References in periodicals archive ?
In addition, White's background in investments, combined with a Series 4 license (Registered Options Principal), have helped him carve out a niche with local companies that offer employee stock options, an area he says "few people in our industry are really knowledgeable about."