A stockbroker works under the supervision of the Security and Exchange Commission (SEC) of the United States of America, if they are in the United States. They are regulated on how they can offer stock, how they must treat their client`s transactions, and only by passing the tests of the SEC can they do business.



It is reasonable to say that a stockbroker can be seen as a "financial friend" by a client or a client`s worst enemy. It all depends on the nature of the stockbroker, their honesty, and adherence to the regulations that they must follow.

Almost everyone knows something about the stock market. Some know from activities that reach the major news outlets regarding violations of rules or tenets of the marketplace. Occasionally a stockbroker is disciplined by the SEC, or charged by a court of competent jurisdiction for legal wrongdoing. Some know from major events in the stock market, i.e. the crash of 1929, the dot com bubble, and other events.

What can becoming a stockbroker do for you? You can serve your fellow man. You can learn a living. You can become very wealthy. You can grow and go on to become the principle in your own stock brokerage company.

A career as a stockbroker must start with proper licensing. To become licensed you must pass at least two tests a Series 6, and a Series 7. If you work for a firm and advance you career up the ladder there are other tests that must be passed, i.e. Broker Principle, before you can do that job.

Being a stockbroker offers all the challenges of an important sales position. You must be a specialist before you can begin to do the work that produces your income and provide the vital services your clients expect. Once prepared you job is to provide your clients access to a wide variety of markets such as the New York Stock Exchange, the American Stock Exchange, NASDAQ, several commodity exchanges such as the Chicago Exchange, and specialized insurance and banking products as well.

If one thing can be said about becoming a stockbroker it is that it is not easy. The job changes with the whims and wills of the regulators, volatile conditions in the economy and marketplace, and the idiosyncrasies of individual human beings. Becoming a stockbroker requires dedication and the ability to learn and evolve with the times and the financial environment.