The Financial Industry Regulatory Authority’s National Adjudicatory Council has upheld a bar handed down by FINRA to a former broker who allegedly cheated during a Series 24 exam by writing exam information on his driver’s license, fingers and forearm and taking a long unauthorized break in the middle of the exam.
The Series 24 exam — also known as the General Securities Principal Qualification Exam (or GP) — tests the “competency of an entry-level principal to perform their job as a principal dependent on their corequisite registration,” according to FINRA.
