Series 24: Due Diligence Defense

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Due Diligence Defense...

a legal defense in which a defendant may not be deemed liable for a false registration statement if it can prove it used due diligence in preparing and reviewing the registration statement. The issuer cannot use a due diligence defense, although its directors, officers, and employees can, as can underwriters and their associated persons.

+ Read More

More Series 24 Info

What are people saying?

Create an Account

We have an excellent Audiobook for the Series 24!

Since you're reading about Series 24: Due Diligence Defense, you might also be interested in:

Series 99 - custody

Series 3 - clearing member

Series 65 - selling away

Series 66 - bid price

Series 66 - debt securities

Series 24 - participating preferred stock

Series 82 - public offering

Series 7 - Agreement Among Underwriters (AAU)

Series 99 - registered representative (RR)

SIE - mutual fund

Series 52 - assignment

SIE - redemption date

Series 50 - trust indenture

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC

I passed the Series 24 on the first try with an 80%! This was the highest of all of my Series exam scores and I attribute much of my success to Solomon's amazing study materials. The practice exams are spot-on and the video lectures were a great supplement to the readings. I suggest following the study schedule Solomon provides for a successful outcome!

Katelyn H, Las Vegas, NV

Just wanted to say thank you and give you a good review. I actually found that your test questions were harder than the actual exam and the explanations and the ability to create tests of all of my wrong answers helped me focus on my weak areas of the exam. I passed the first time and don't believe I couldn't have done it without your test bank. Thanks again.

Chris Porosky, FL

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24

Passed the 24 today ... fun test.. You have a great product. The material was easy to follow and the practice tests were very, very helpful. Thank you.

Danny Klingler, Kestra Financial, Austin, Texas

I watched the videos twice, took notes from them, and took hundreds of practice problems. The test simulator was the best part of the program. I found it helpful that you could go back and look at the questions you missed and use them to help refine what to study. I definitely would recommend the program. Get 85%+ on the practice and you should pass the 24.

Kris Nyden, Seattle, WA