About the Series 4
series 4 exam is required for all Registered Options
Compliance Registered Options Principals (CROPís) and Senior Registered
Options Principals (SROPís). This
license entitles the holder to supervise options transactions.
Candidates will be expected to know:
Trading, OCC Rules, Exchange Rules, Exchange Regulations, Option Basics,
Strategies, Sales Supervision, Margin Requirements for Options Accounts and
Series 4 test is made up of 125
multiple-choice questions. Each student will be given a total of 3 hours for the exam.