Series 28: Direct Participation Program (DPP)

Taken from our Series 28 - Introducing Broker-Dealer Financial and Operations Principal Qualification Examination

Definition of the term Direct Participation Program (DPP)...

a pass-through entity, such as a limited partnership, whose security shares indicate ownership, not of an operating company, but of certain physical assets of the company.

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Solomon Exam Prep Study Materials for the Series 28
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