Series 27: Money Market Funds

Taken from our Series 27 Online Guide

Money Market Funds

Redeemable securities of an investment company consisting solely of cash or money market instruments must deduct 2% of the market value of the greater of the long or short position.

SEC Rule 15c3-1(c)(2)(vi)(D)

Since you're reading about Series 27: Money Market Funds, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 27
Please Enable Javascript
to view this content!