Series 24: Rule 15g-8– Escrow

Taken from our Series 24 Online Guide

Rule 15g-8– Escrow

Any proceeds generated by the offering of a blank check company must be held in an escrow account maintained by an “insured depository institution” or a separate bank account established by a broker-dealer with at least $25,000 in net capital. The SEC defines a blank check company as

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Rule 15g-8– Escrow, you might also be interested in:

Series 24 - 3.3.3. Hold in Street Name

Series 53 - Trust Indenture

Series 7 - 4.11.2. Bank Qualified Bonds

Series 65 - Regulation of Agents of Broker-Dealers and Agents of Issuers

Series 66 - Post-Registration Requirements

Series 14 - 7.2.1.1. Definition of Broker-Dealer

Series 7 - 7.2 Real Estate Investment Trusts

Series 52 - 8.4.2.2.5. Time of Trade

Series 3 - Exercise

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

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

I passed the 24 the first time with the help of the Solomon materials. The online course and the exams really helped focus in and clarify what was important. I've recommended them to all of my colleagues!

Corrinne Kaucher

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, TX

I used Solomon to sit Series 24 and Series 79, passing with 81% and 88% respectively. Having looked at other material providers, Solomon stands out because of their prompt replies to student questions and the completeness of the answers provided – they are the best out there!

Chris Brice,CFA Bell Potter Cantley, Québec, Canada

I wanted to let you know I passed the exam [Series 24] this morning! The practice exams were invaluable. Thank you for your extra help and suggestions. I have recommended this to two of my co-workers who will be taking the Series 7 this year. I will say, the 24 was worded so tricky. And so much irrelevant info put into the questions. I had to write down pieces of the question to get the gist of what it was asking. Very purposfully confusing. But it's over and I'm thankful for your product. Thx again

Karmen Richards, Multi Financial Securities, Greensboro, NC