Series 24: Restrictions Against Borrowing And Lending With Customers

Taken from our Series 24 Online Guide

Restrictions Against Borrowing and Lending with Customers

Associated persons are prohibited from borrowing money from customers or lending money to customers unless the member firm has written procedures that specifically allow it, and these other conditions apply: (1) the customer is an immediate family member of the associated person; (2) the customer is an institution or person that lends money in its regular course of b

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Restrictions Against Borrowing And Lending With Customers, you might also be interested in:

Series 7 - 2.11.4 Accrued Interest

Series 24 - 5.14.7. Front Running

Series 66 - Current Investments

Series 63 - 4.4.1 Types of Client Accounts

Series 63 - Registration Exceptions

Series 24 - Preliminary Prospectus (Red Herring)

Series 66 - The Quick Ratio

Series 53 - Municipal Advisors

Series 66 - Subscription Rights

Series 24 - Partnership Accounts

Series 63 - Exercise

Series 7 - 1.3. Preferred Stock

Series 66 - 9.1.1. Disclosure

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Taking the Series 24 class with Karen Solomon this week helped reinforce the data that I learned, and I passed my exam! The material was thorough and the exam simulator was an excellent tool to test your knowledge. Thank you Karen!

Karen Lessard, Concorde Investment Service Frisco, TX

I just passed the series 24! It is, by far, the hardest test that I have ever taken. I had failed it 4 times using other study materials. I have never felt more defeated! Solomon Exam Prep is the best! I took over 154 practice tests...without seeing the same question twice. I was able to finally grasp the material and passed! My only regret is that I did not use the Solomon Exam Prep on my first attempt!

Bill Harpe, Capital Choice. Greensboro, GA

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

I would like to say that Solomon test prep had the most varied and comprehensive test bank I have seen. The questions ranged in difficulty and the answer feedback was so detailed, that I felt that I was mastering concepts rather than trying to pin down certain facts in a question just to get the 'one,' answer. I saw many iterations of the sample examinations, and with the courage to keep clicking next and learning, I passed with a score I'm more than happy to claim. Also, the staff are very responsive. I'll be coming back.

Neil, San Diego, CA

This is my fourth time using Solomon's exam materials (Series 99, 7, 63, and now the 24)....and I PASSED once again on my first try. Thank you Solomon- your exam question simulator was extremely helpful!

Kim Schmidt, Elmcore Securities, Las Vegas

Thank you Solomon! I was able to pass the SIE, 7, 63 and 24 in a relatively short time period. The practice exams with answers really helped and when I had a question for The Professor, I always received a quick and accurate response. Solomon is definitely the way to go.

Seth Schader, CCO, Mercer Island, WA