August 25, 2010
8/25/2010--WHY DOES AN ORGANIZATION HAVE TO SPEND MONEY IN REQUIRING THAT EVERY 3 YEARS I MUST TAKE A FINRA EXAM?? MY EXPERIENCE HAS BEEN THAT I WAS LICENSED TO SELL LIFE INS FOR THE NEW ENGLAND LIFE THEN MERGED WITH THE MET LIFE SINCE FEBRUARY 1946. IN 1965 I WAS LICENSED BY NASD, ALSO SERIES 7--WITH NO COMPLAINTS AGAINST ME. NOW THAT I REACHED 90 YEARS OF AGE ON 5/20/10 AND A FULL TIME ASSOCIATE OF METROPOLITAN LIFE DOESN'T MY 45 YEARS OF SUCCESSFULLY PERSUING MY PRACTICE (SINCE 1965 NASD LICENSING) WITH HUNDREDS OF CLIENTS PERMIT THE LAW TO EXEMPT ME FROM TAKING ANOTHER FINRA EXAM?? THIS WOULD CERTAINLY GIVE OTHER INDIVIDUALS AN INCENTIVE TO HAVE A "CLEAN" RECORD FOR 45 YEARS
A REPLY WOULD BE APPRECIATED--ROBERT H SCHACHT