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What alternatives are available to obtain a Series 6 license in the digital currency market without having a sponsor?

avatarDehvinDec 27, 2021 · 3 years ago3 answers

I am interested in obtaining a Series 6 license in the digital currency market, but I don't have a sponsor. What other options are available for me to obtain the license?

What alternatives are available to obtain a Series 6 license in the digital currency market without having a sponsor?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To obtain a Series 6 license in the digital currency market without a sponsor, you can consider joining a self-regulatory organization (SRO) that offers the license. SROs like FINRA (Financial Industry Regulatory Authority) provide the Series 6 license to individuals who meet their requirements. By becoming a member of an SRO, you can bypass the need for a sponsor and still obtain the license.
  • avatarDec 27, 2021 · 3 years ago
    If you don't have a sponsor for the Series 6 license in the digital currency market, you can explore alternative paths such as working for a registered investment advisor (RIA) or a digital currency exchange that is registered with the appropriate regulatory bodies. These entities may have their own licensing requirements and can sponsor you for the Series 6 license. It's important to research and ensure that the organization you choose is reputable and compliant with regulations.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we understand that not everyone has a sponsor for the Series 6 license in the digital currency market. That's why we offer a sponsorship program for individuals who are interested in obtaining the license. Our program provides mentorship, training, and sponsorship for the Series 6 license. With BYDFi's support, you can navigate the licensing process and enter the digital currency market with confidence.