FINRA Proposes Update to Series 4 Options Exam

FINRA filed with the SEC proposed revisions to the content outline and selection specifications for the Registered Options Principal (Series 4) examination program.

The proposed revisions would update the material to reflect changes made to the laws, rules and regulations covered by the examination, and to incorporate the functions and associated tasks performed currently by a Registered Options Principal.

Additionally, FINRA proposed changes to the format of the content outline. FINRA stated that it is not proposing any textual changes to the By-Laws, Schedules to the By-Laws or Rules of FINRA.

See: Text of Proposed Rule Change.