| Aspect | Series 7 License | Series 63 License |
|---|
| Required Credentials | Passed the Series 7 exam, often held by stockbrokers and securities agents | Passed the Series 63 exam, required for securities agents to operate in multiple states |
| Work Environment | Involves selling a broad range of securities, including stocks, bonds, and options | Focuses on state securities regulations and compliance |
| Employer & Industry Usage | Used by brokerage firms, investment banks, and securities firms | Required for securities agents working across state lines |
The Series 7 License allows professionals to sell a wide variety of securities, while the Series 63 License primarily covers state securities laws and regulations. Many professionals hold both licenses to operate effectively in the securities industry across different states and product types.