Series 26: 140% Rule

Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam

Definition of the term 140% Rule...

an SEC rule that restricts broker-dealers as to how much of their customers' securities can be used as collateral for the broker-dealers' loans. The amount of collateral is capped at 140% of a customer's debit balance.

Since you're reading about Series 26: 140% Rule, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 26
Please Enable Javascript
to view this content!