Series 27: Under-Margined Accounts

Taken from our Series 27 Online Guide

Under-Margined Accounts

Broker-dealers must deduct as a haircut the unpaid amount that customers need to deposit into their margin accounts to meet maintenance margin requirements. This is money the customers have not yet added to their

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Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

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