Saturday, June 23, 2007

Brooklyn Fund Manager in the Black, But Not Allowed to Take Securities Exam

Brandon Conley is a fund manager who operates out of his Brooklyn home. He and his staff are raising money from outside investors and developing relationships with companies in order to beef up the fund, Mariner Investment Advisers. Mariner gained a tidy 30 percent over the last six months.

So why can't Conley take the Series 7 exam to trade securities?

Because he has to finish school first. That's middle school. Conley is only 14.

See the full story in the Wall Street Journal.

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