Quote:
Originally Posted by g$$$
I have my Series 7, Series 66 and Series 31 Licenses. It is not against SEC regulations to give tips to people online. Look at all of the Yahoo Finance message boards...and these are coming from people without Licenses. If you make money (aka work for an investment firm like ML, MS, Smith Barney, etc.) and give advice to professional clients, then YES you do need a license. Either way, you also need to disclose what your holdings are if you are making recommendations. Hope this helps.
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Hey .. I still have an active 7 / 63 and 24 ...
I've had it for years and my wife also .. she was a compliance officer and said something similar to what you said .. You need to disclose if you are being paid to say it or if you own it.