Series 27: Net Capital And Consolidated Accounts

Taken from our Series 27 Online Guide

Net Capital and Consolidated Accounts

Every broker-dealer in computing its net capital and aggregate indebtedness must consolidate in a single computation assets and liabilities of any subsidiary or affiliate for which it guarantees, endorses, or assumes the obligations or liabilities.

The assets and liabilities of a subsidiary

Since you're reading about Series 27: Net Capital And Consolidated Accounts, you might also be interested in:

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