Series 24: Borrowing By Customers: Regulations U And X

Taken from our Series 24 Online Guide

Borrowing by Customers: Regulations U and X

By setting the margin requirement at 50%, Regulation T ensures that broker-dealers cannot loan a customer more than half the value of a security bought on margin. But Regulation T does not prevent a customer from seeking another lender to finance a margin transaction. Enter Regulation U.

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Borrowing By Customers: Regulations U And X, you might also be interested in:

Series 63 - 6.5 Investment Advisers Act of 1940

Series 65 - Securities Analysis

Series 26 - Delivery of Prospectus

Series 53 - Rule G-19—Customer Suitability

Series 26 - Investigations

Series 26 - A Sampling of Limited Representatives

Series 79 - Chapter 3 Practice Questions

Series 24 - 5.4.1. Market Makers

Series 26 - Omitting Prospectus

Series 50 - Definitions

Series 26 - Chain of Command

Series 63 - Recommending Securities the Professional Trades In

Series 26 - Series 26 Online Guide

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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

I was very apprehensive about the Series 24 exam prior to taking it. Everyone I knew who had taken it informed me that it was an incredibly difficult test, with questions that were meant to trick you. After following Solomon's six week study outline and making flashcards for my weakest areas, I was averaging in the high 80s on the Solomon practice exams. That gave me the confidence I needed to walk into the test center feeling prepared, and the knowledge I needed to walk out of the test center having scored an 88. I am now recommending the Solomon Series 24 materials to everyone at the office!

Janie Richards, Austin, Texas

I originally started studying for the series 24 with Test Teachers... After being frustrated with confusing material, out of date information, contradicting questions/answer/study guides, I bought Solomon's practice exams... After one test, two things became clear: I was grossly unprepared for the exam The material, though difficult, didn't have to be taught in such a confusing manner.I passed the 24 on the fist time because of the quality of the practice exams from Solomon. Thank you! Putting it another way...If you are using anyone else to study, you owe it to yourself and your efforts to buy the practice exams from Solomon to get a true judge of your studying efforts.

Will, Bainbridge Island, WA

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY

I really liked the Solomon study materials. They did a really nice job of explaining the material in plain language. I have a really long commute and the audio books came in really handy!! I would recommend the Solomon study materials!

Jessie Urban, Securities America Inc, LaVista, NE

Excited to say I passed the Series 24 the first time I sat for the exam. The course material and exam simulator were paramount in my preparation.

Ben Young, Berthel Fisher. Cedar Rapids, IA